ETH rises above $4000: a psychological barrier, two faces of the market?

When the price of Ethereum jumped over the unspoken threshold of $4000, the market did not see the expected jubilation; instead, it felt as if it were shrouded in an invisible pressure – most people felt heavy in their hearts. Where does this sense of oppression come from?

On one side, there is the continuous rise in prices, while on the other, there are numerous restrictions on actions. The methods of the market makers remain elusive, with ETH steadily testing along its upward trajectory, yet investors' emotions are caught in the dilemma of "to chase or not to chase": heavily invested in long positions, fearing to be the one left holding the bag at a high; turning to short, yet being tripped up by the strong trend, watching opportunities slip away. Not to mention those funds trapped by altcoins, feeling as though they are frozen in place, unable to move, with a sense of oppression naturally following them.

The technical analysis has provided a relatively clear answer: the weekly MACD is firmly above the 0 axis, like a shot of adrenaline for the long-term trend; the daily OBV trend also shows stability, indicating that funds are still quietly flowing in, and the market's confidence has not dissipated. Although there are concerns about a short-term pullback, as long as there are no sudden negative events disrupting the situation, it is not out of reach for ETH to stabilize above $4000 and even push higher.

Perhaps the significance of ETH breaking through is far more than just a number. If the trading volume can continue to keep up, this momentum is likely to ignite the entire cryptocurrency market—by then, the "party time" for altcoins may really be upon us, and the suppressed emotions will shift to frenzy. The key right now is to both tighten the risk string of short-term corrections and maintain a sense of certainty about the medium to long-term trend. After all, in this market, we are all like those watching over a flock of sheep, needing to guard against the risk of "the wolf is coming" while not missing out on the real opportunities.

In the coming days, will we welcome a whirlwind of excitement and tension? If ETH can stabilize at $4000 with solid trading volume, the spring for altcoins may not be far off. Keep a close eye on every signal in the market, adjust the pace flexibly, and perhaps it won't be long before the crypto market experiences its "sleepless moment." #eth#