Ethereum has broken through a significant liquidity cluster near the $4,400 mark, signaling strong market activity and investor participation. While this move hasn’t wiped out all downside risk, the remaining liquidity at $4,350 and $4,200 zones is crucial as they could act as support or attract further downward price pressure before a potential surge. Notable institutional buying adds another layer of uncertainty to the market. Despite some traders anticipating temporary dips, these large buyers might limit how far the price drops. 4,200 is particularly important, holding substantial liquidity and attracting buying interest if Ethereum revisits it. A trader even placed heavy bids around $4,100–$4,200, demonstrating robust anticipation for accumulating before a rally. On the upside, $4,800 is seen as the final hurdle to reclaim an all-time high (ATH). If achieved, this would trigger a potential surge in price with little warning. Market sentiment remains cautiously bullish with institutions’ interest increasing the possibility of rapid upward movement, but traders should remain prepared for short-term volatility around these key zones. The market is poised for its next significant move as Ethereum navigates through critical levels, and all eyes will be on these pivotal points.