I would like to record my personal opinion on the future trend.

First of all, the introduction
Currently
I believe that the daily level of 3500-3770 will repeatedly face resistance and cannot break through in the short term. This perspective suggests that most people might see 4100 as the peak, which is not a long-term view. The reason ETH has been oscillating in the 2100-2500 range for so long is, in my opinion, first. It washes out the chips and pulls the average price of both longs and shorts into this price range. This way, whether it is a sell-off or a surge, there is fuel. This can be seen from the previous market performance.
We all know that after the real economy deteriorates, the financial market becomes super active, ultimately leading to a crash. Just look at the stock markets in A-shares and the US; they are all like this. This is because institutional hot money has nowhere to go, so it will choose financial gains. Ultimately, after reaching a peak, it will crash to take profits during the recovery cycle of the future economy. Therefore, I believe 4100 is not the top. The current fluctuations are meant to distribute average cost positions within this range. Everyone knows that most retail investors cannot hold onto their profits. Thus, the ups and downs will cause many to keep entering and exiting. This is also the reason for the dual explosions of bulls and bears. Of course, one could say that some people who gained profits at 2700-2900 have not exited yet. From the perspective of market makers, it is impossible to shake off everyone. Those with high profits will not create selling pressure during the upward process. When the bullish sentiment dominates, the weight becomes too heavy, akin to making a wedding dress. We all know that the beginning of a bull market occurs when most people have not boarded the train. From a technical perspective, after 4100, it will either start a new wave 5 or crash. Based on the current real economy, I believe both institutions and the big players will have a consensus to continue pushing upward. Of course, some might argue that last year was a bull market with a new high of 100,000. Indeed, last year was supposed to complete the bull market. However, everyone overlooked the rise of the founding nation. He is a businessman. This is why it started to decline in February, as many institutions rebuilt their positions. #以太坊交易量飙升#