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Several conclusions
①ETH will continue to rally, the next resistance is at 4040. Whether 4040 is the peak will depend on the pullback situation at that time.
② No matter how much it rises, ETH will have at least one significant pullback, at least over 10%( This marks the beginning of the ETH retracement) followed by a volatile pullback. The pullback position is unknown, but this major adjustment is a second opportunity to enter after missing out.
After the pullback ends, the last rally of this round of the bull market will begin. So far, it can only be said that ETH has just entered the bull market, reclaiming lost ground, and has not yet initiated a real bull market rally.
The future market trend of ETH is very clear. Those who have been following me for a long time know that I rarely miss the long-term direction. I hope this helps you.
Altcoin market
Recently, the altcoin market has exploded in sectors such as Ethereum-based projects, L1 public chains, Hong Kong stocks, established mainstream coins, cross-chain, and MEME. Currently, sectors like AI and platform tokens have not yet exploded, so just wait for the right opportunity.
In a bull market, anything you buy can rise; just choose those with institutional backing and hold onto them, that's the hard truth.