Giving up is easy, but persistence is the coolest. The road to trading is long and full of obstacles; only by persevering can one reach the other shore.

If the recent rise of Ethereum is not driven by an increase in on-chain activity, but rather by institutional buying, then two points need to be considered:
1. Increased concentration of chips: If ETH continues to rise, it may repeat BTC's path—retail investors' holding ratio decreases, and chips accelerate towards institutions and whales.
2. The market sentiment is not yet euphoric: This indicates that the current market has not yet entered a true FOMO (Fear of Missing Out) state and remains in a state of skepticism. Once the FOMO sentiment is ignited, even if on-chain activity does not far surpass the previous cycle, it is very likely to rebound to similar levels.
Therefore, the upcoming market dynamics are particularly crucial. Regardless of where the market trends, this will be one of the most explosive phases of the year.

Although today's coin price has reached a new high, the recommendation for operation is:
Open a light short position in the 3820-3830 range.
Waiting to go long in the 3750-3760 area below.
Do not chase high prices at the moment; the evening market is highly volatile, so be sure to set strict stop-losses!
#以太坊突破3800# #Gate 6月透明度报告# #山寨币爆发#