The rise in both Ether price and volume on the daily chart indicates a healthy upward trend, and today it has broken through the previous three major high points of over 4000, without a quick pullback. It is predicted that the selling pressure around 4000 has almost been exhausted. The significant selling pressure ahead is near the all-time high. Aggressive traders with larger positions can enter with a small amount directly (this is considered chasing rising prices, so risk should be carefully evaluated), controlling their position, and add more if it goes down. Conservative traders should wait for a pullback near 4050 before entering long orders. For those who are more cautious, wait for the pullback and then for the signal indicating the end of the pullback before entering long orders. Overall, I am bullish on the larger scale, and in my personal opinion, short orders are against the trend, so keep the position small and do not hold a losing position. Additionally, if today's closing line is below 4100, long orders should consider reducing positions or completely setting a stop loss. Look for opportunities to go back in.

ETH-1,54%
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