Recently, there have been remarkable developments in the Ethereum market. According to on-chain data analysis, large investors (commonly known as "whales") have accumulated nearly 100,000 Ether in just two days, with an average cost of around $4,300. This move indicates that these large fund holders are optimistic about the future price movement of Ethereum, expecting it to reach new highs.

Technically, the price of Ethereum has formed solid support around $4200, having touched this level twice without breaking below it. Meanwhile, the Relative Strength Index (RSI) has started to rise, and market sentiment seems to be improving. This scenario is like a spring that has been compressed to its limit, ready for a strong rebound at any moment.

For investors, it is currently advisable to consider establishing long positions during pullbacks in the $4300-$4270 range. In the short term, the price is expected to challenge the $4500 mark. However, risk management is equally important; if the price falls below the $4150 support level, it is recommended to cut losses decisively and not to hold on forcefully.

It is worth noting that this trend of Ethereum may indicate an improvement in the overall atmosphere of the cryptocurrency market. However, investors should remain cautious, closely monitor market changes, and implement risk control.