Ethereum Near ATH After Strong Rally — Buy on Dips
I see Ethereum trading at $4,628, about 5% below its 2021 all-time high, with strong recent performance (1M +55%, 1Y +75%). Short-term price action is slightly negative, but the trend over the past month and year is robust.
Market cap (~$559B) and daily volume (~$66B) indicate healthy liquidity; small pullbacks (1d -2.3%) are normal in a strong uptrend. The proximity to the ATH increases the risk of a sharper mean reversion.
I would avoid deploying a full position at this exact level. I prefer to accumulate on weakness or use dollar-cost averaging to add exposure while managing stop levels and position size.
Analysis
Recommendation
Buy on weakness: accumulate on dips or DCA into ETH rather than chasing a large single entry at current levels. Keep position sizing and stop rules in place to manage downside.
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.