ETH Breaks $4,600 — I Warn of Pullback Near 21-Year ATH

I note that ETH has vaulted past $4,600, marking a strong upward move in Ethereum price momentum as it nears roughly 5% below a 21-year all-time high. I view this rally as a meaningful bullish signal for ETH and the broader crypto market, driven by renewed investor interest and market momentum.

At the same time, I caution that being this close to a long-term all-time high elevates the risk of a significant pullback. I advise traders and investors to remain mindful of volatility and to manage position size and risk accordingly as Ethereum approaches this key resistance area.