I Expect Ethereum to Avoid the $3.9k–$4k Pullback

I think Ethereum will not drop back to the widely-expected $3,900–$4,000 range — the market is leaning so heavily toward that pullback that it’s likely already priced in or vulnerable to a squeeze the other way.

Because so many traders are positioned for a retracement, there may be fewer sellers left at those levels and a higher chance of momentum continuation. On-chain flows and sentiment suggest downside may be limited unless fundamental catalysts change.

I’m leaning bullish but cautious: I’ll hold existing exposure, consider adding on confirmed strength or shallow dips, and keep position sizing and stops tight to manage the risk of an unexpected reversal.