Ethereum is likely unable to hold its current price level! The resistance area at 4000 is bound to be broken, and the price is about to soar to 5000! It’s worth noting that Wall Street has seen net inflows into ETFs for 14 consecutive days, with daily inflows amounting to hundreds of millions, showing a state of buying without selling, while only retail investors are continuously selling off. This trend has become quite significant.

Therefore, the last critical price level for Ethereum, which is the previous high of 4090, is difficult to maintain, and a larger market trend is about to arrive!

Yesterday, when Tether issued 1 billion USDT, I informed everyone that institutions were about to enter the market. I wonder if everyone followed in? If you didn’t enter at that time, Ethereum's price has already risen significantly since then, and you might want to pay attention to see if there will be a slight pullback. If there is a pullback, it might be a good opportunity to add to your position. Currently, Ethereum's support levels are approximately around 3800 and 3860.

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