The Ethereum market is facing an intense Bull vs Bear Battle. Currently, long positions have heavily fortified the $4200 price level, where the chips are extremely concentrated, seemingly sending a clear signal to the market: $4200 is a formidable line of defense. However, such a high-profile defensive stance has actually sparked suspicion: does this imply that this level is not as solid as it appears?

Meanwhile, the short positions did not choose to set up defenses at the critical level of $4400, but instead moved the defense line forward to $4420. This subtle strategic adjustment seems to be challenging the long positions: despite our disadvantage in numbers, we are still full of confidence. Are you brave enough to take us on?

Looking back at the recent trend of Ether, we can't help but think of the previous attempts to break through the $4500 mark. Will the scene at that time be replayed at $4200? Market participants are filled with anticipation and concern.

In this battle without gunpowder, both sides of the long positions and the bears are carefully laying out their strategies, trying to gain the upper hand psychologically and strategically. For investors, closely monitoring the trends at this key price level is crucial, as it may determine the direction of ETH in the short term. Regardless of the outcome, this battle will provide us with valuable market insights.