Ethereum has performed impressively recently, and market sentiment is generally bullish. Although some investors are concerned that prices may soon peak, the overall trend remains positive, and short-term adjustments are a normal occurrence.

From a technical analysis perspective, Ethereum has risen for 4 consecutive weeks on the weekly chart, and the daily chart has achieved 8 consecutive bullish days, demonstrating strong upward momentum. This robust rise indicates that Ethereum is likely to continue challenging the key price levels of $3900 and $4000 after a slight adjustment.

For trading strategies, it is recommended to pay attention to the pullback opportunities in the $3750-$3780 range. If purchases can be made in this price range, it is expected to subsequently follow the major trend and rise to the $3900-$4000 range.

It is worth noting that the cryptocurrency market is highly volatile, and investors should carefully assess risks and allocate assets reasonably. At the same time, the fundamental developments of Ethereum, such as network upgrades and ecosystem expansion, will also affect its long-term value. Keeping a close eye on industry trends and technological advancements will help make more informed investment decisions.