ETH Likely to Peak Near $5,200 Then Retrace to $4,100 — Sell on Strength
I expect ETH to rally to $4,800–$5,200 by the end of August.
After that peak, I think it will dump and retest around $4,100.
I plan to sell or short on strength near that resistance and will manage risk with tight stops and position sizing.
Analysis
Momentum and resistance around $4,800–$5,200 suggest a likely exhaustion point; a failed breakout or volume divergence would increase the chance of a retracement to prior support near $4,100.
Recommendation
Sell on strength or consider short exposure near $4,800–$5,200 with a stop above the high; if holding long, tighten stops and plan for a target close to $4,100.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.