Ethereum has shown a strong pump recently, successfully breaking through the $4000 barrier. This performance is supported by multiple factors, including the continuous get on board of institutional investors and tightening on the supply side. From both technical and fundamental perspectives, the current rise momentum of Ethereum is strong.

However, investors still need to remain cautious. If Ethereum can hold its ground at the current price level and successfully break through the key resistance level, it is likely to continue maintaining a rising trend in the short to medium term. However, considering that the market may already be in an overbought state, investors should also closely monitor the changes in important support levels and pay attention to potential short-term pullback opportunities.

Overall, the current trend of Ethereum is encouraging, but investors still need to weigh risks and opportunities and maintain a rational attitude when making decisions. Closely monitoring market trends and adjusting strategies in a timely manner will be a wise move to cope with the current market situation.