Ethereum Near ATH — Accumulate on Dips

I see Ethereum trading near its all-time high after a strong multi-timeframe rally: +55% over one month and +75% year-over-year, with heavy volume and a $559B market cap. Short-term pullback has been modest, about -2% daily and ~5% below the ATH.

I remain constructive on ETH’s medium-term outlook given ongoing demand growth, network utility, and supply dynamics, but I recognize elevated valuation and macro/regulatory risks that can trigger sharper corrections.

My approach is to accumulate selectively on weakness rather than chase the current price: add on meaningful pullbacks, keep position sizes manageable, and use stop discipline around technical support levels.