Recently, Ethereum (ETH) has shown strong price performance, but the market may not have peaked yet. Analysis indicates that a significant correction is likely to occur within the range of $4800 to $5100. This adjustment will raise concerns among bullish investors while invigorating bearish sentiment.

However, it is worth noting that there is actually no real chip lock-up pressure around the $4800 mark. Rather, it is the fear and doubt at the psychological level of investors that are at play, and this mental confinement may affect market sentiment.

In the long run, once this pullback ends, the trend of ETH may become clearer. We have reason to believe that a larger-scale bullish market may be on the horizon. At that time, those investors who have been cautious about the market may reconsider their positions.

For investors, understanding the nature of market fluctuations is crucial. Short-term price adjustments are often part of a healthy upward trend and should not be seen as a change in the long-term trend. Staying rational and patient, while focusing on fundamental factors, will help in making informed decisions in this volatile market.

As the cryptocurrency market continues to evolve, the price trend of ETH, as a leader in the smart contract platform, will undoubtedly continue to attract close attention from global investors.