English
66014
  Ethereum has just fallen below the $4,100 mark, with an intraday decline of 1.76%. This news has made countless investors nervous. But don’t rush into panic selling, let’s analyze the truth behind this decline in depth!  Market Current State: Short-Term Correction or Trend Reversal?  The current price of Ethereum is US$4,099.68 per coin, which is indeed down from yesterday’s high. But if you just focus on this number, you may miss more important market signals. The overall 24-hour increase in the DeFi sector is still as high as 5.89%, and the Layer 2 sector has increased by 5.81%. These data tell us that the market enthusiasm has not subsided. Look what the smart money is doing? XBIT platform data shows that when the price of Ethereum exceeded US$4,100, a single large transaction of 596.60 ETH was worth more than US$2.48 million, and institutional investors were quietly making plans! What secrets does the surge in funding rates reveal? The perpetual contract funding rate continues to rise, which is a clear signal that bulls are dominant. When the funding rate is positive and rising, it means that bulls are willing to pay higher costs to maintain their positions. The current market leverage ratio has reached a new high. Although it has increased the risk of short-term fluctuations, it also reflects that investors are still optimistic about the market outlook.  Technical Analysis: Where are the key support levels? XBIT platform technical analysis shows that the current key support level for ETH is $3,801 and the resistance level is $4,069. If the price breaks below $3,801, it may test the secondary support at $3,772. However, the MACD indicator shows that although the strength of the bullish forces has weakened, it is still positive. Although the KDJ indicator has fallen from the overbought area, it has not entered the dangerous area. The 4-hour chart shows that this decline is more like a healthy technical pullback than a trend reversal. Well-known investor Huang Licheng is still increasing his ETH long position by 25 times, with the value of his position exceeding US$10 million. This gives us an important reference. Is the bull market really over? Expert opinions differ greatly Bernstein analysts believe that this bull market may continue until 2027, and the Bitcoin target is $200,000. Although the short-term market is under pressure, institutional funds continue to flow into the cryptocurrency market, especially the approval of US ETFs, which has injected long-term vitality into the market.  Santiment data shows that retail sentiment has turned extremely bearish, but this is often a reliable signal that the market is about to reverse. Historical experience tells us that when most people are panicking, it is often the best time to make plans. What to do now? Rational investors’ strategies Don’t be intimidated by short-term fluctuations, the cryptocurrency market is known for its high volatility. An intraday decline of 1.76% is normal in a bull market. The key is to: Control positions and avoid excessive leverage Set a reasonable stop loss level Watch for key support at $3801 Pay attention to institutional capital trends Remember, pullbacks in bull markets are for better gains. The Ethereum ecosystem continues to develop, Layer 2 solutions continue to be optimized, and DeFi innovations emerge one after another. These fundamental factors have not changed. This dip may be your last chance to get on board, but be sure to manage your risk and don't let emotions dominate your investment decisions. The market is always fluctuating, but successful investors know how to look for opportunities in fluctuations!   |
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