Ethereum Breaks Above $4,500 — Watch for Pullback Entry
I'm seeing Ethereum surge above $4,500 on clear buying momentum and bullish market sentiment. The breakout signals short-term strength but also increases the chance of a sharp retracement after a rapid move.
I'll watch volume and momentum indicators and look for a pullback into the $4,200–$4,300 area as a cleaner entry; I won't chase without a plan and a defined stop-loss.
Analysis
Recommendation
Prefer to buy on weakness rather than chase the breakout. Consider adding on a measured pullback with a tight stop-loss, or trail stops if already positioned; avoid full-allocation buys at the peak.
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.