Recently, on-chain data for ETH has been quite interesting, with noticeable large-scale capital inflows continuously observed. From a technical perspective, the main force seems to have established a relatively deep support level below $3200, which has been tested repeatedly without a clear breakdown.

There are indeed some signs of shakeouts in the market—short-term volatility might be aimed at clearing high-leverage longs, a common tactic in the early stages of a bull market. Personally, I believe Ethereum has a chance to test the $4000 range this week. Of course, this is not a certainty, but a speculation based on current on-chain data and capital flow trends.

It's worth noting that Strategy has recently increased its Bitcoin holdings, and such institutional actions often influence market sentiment. However, the crypto market is highly volatile, and any unilateral judgment carries risks.

If you decide to participate, it’s recommended to strictly control your positions and set stop-losses within your risk tolerance. Opportunities are never lacking in the market, but capital safety always comes first. Black swan events can happen at any time, so maintaining a cautious mindset is more important than chasing quick profits. Short-term trading aims for quick entries and exits, while long-term holding should also have reasonable take-profit and stop-loss levels to prevent unrealized gains from turning into deep losses.