Ethereum has shown strong performance recently, with prices continuously rising, approaching the 4000 USD mark. From a Technical Analysis perspective, both the weekly and daily charts exhibit characteristics of a sideways consolidation, which may indicate that it will enter a consolidation phase in the short term.

For investors who have not yet entered the market, the risk-reward ratio of chasing highs at this point is not ideal. In contrast, for investors who are already holding positions, it may be appropriate to consider reducing their positions or setting take-profit and stop-loss orders as the price approaches the $4000 level.

The market is generally focused on whether this round of pump can break through the previous high of $4100 and even challenge the historical high of $4877. However, at the current high level, investors should remain cautious and closely monitor market trends.

It is important to note that the cryptocurrency market is highly volatile, and investors should make decisions based on their own risk tolerance. Before making any investment decisions, it is advisable to thoroughly research the market fundamentals and technical analysis, as well as any macro factors that may affect prices.

Overall, Ethereum is currently at a critical price level, and investors should remain vigilant, patiently waiting for clearer market signals to emerge. Whether bullish or bearish, careful operations and risk management are essential.