Ethereum Briefly Hits $4,200 Before Pullback, Analyst Warns of High-Risk Entry

Ethereum’s price action shows a recent surge towards the $4,200 level before retreating to around $4,100. Despite this bullish momentum, some analysts caution against entering at these high levels due to increased risks. Michael van de Poppe, a prominent crypto trader and analyst, suggests that while Ethereum appears to be forming an uptrend, its current price point may not be optimal for new investments.