The price of Ethereum has seen a significant increase recently, currently standing above the $4400 mark. In the short term, the hourly chart shows that the price has broken through the middle band of the Bollinger Bands, with an increase in bullish capital, indicating positive signals.

At the same time, Bitcoin has returned above an important resistance level after experiencing a period of sluggishness, demonstrating a certain level of resilience.

There are rumors circulating in the market that large investors are turning to Ethereum. Considering the current market environment, this trend seems reasonable. Many investors have been continuously buying around $4400. However, we need to remain vigilant. Information in the market is often a double-edged sword; signals that seem obvious on the surface may be intentionally orchestrated by market makers to lure in retail investors. True large-scale operations are usually more covert and less detectable.

At the current stage, investors should not be overly attached to long-term holding strategies. Bitcoin has not yet confirmed a bottom, and its price movements are characterized by relatively small rebounds and larger declines, displaying a typical sawtooth downward trend.

Therefore, investors need to remain rational, closely monitor market trends, and adjust their investment strategies in a timely manner. In the cryptocurrency market, opportunities and risks coexist, and the key lies in how to balance the two and make wise investment decisions.