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Today, the Ether daily chart is gradually approaching the 4700 level. After a period of previous fluctuations and consolidation, Ether is also welcoming a wave of catch-up rally. Currently, it has broken through the 4650 resistance level, with long positions clearly strengthening. On the four-hour chart, the price is running near the upper band of the Bollinger Bands, and the MACD indicator continues to show higher trade volumes, further supporting the pump from a technical perspective.
Currently, wait for the price to pull back to the 4624-4595 range and show signs of stabilization—such as a small cycle K-line turning bullish and a noticeable slowdown in the downtrend—then you can gradually enter long positions. The initial target for long positions is 4680-4700, and if it can break through the previous high of 4735, then look towards around 4770.