From the perspective of K-line patterns, Ethereum has successfully constructed a "three consecutive bullish" trend. This pattern holds significant signaling meaning during a consolidation period: on one hand, it breaks the previous narrow oscillation deadlock within the range, indicating that bullish forces are gradually accumulating and taking control; on the other hand, considering the characteristic of relatively reduced market liquidity over the weekend, the current consolidation is likely to create a "trap for short sellers"—the calm appearance of the market may attract a large number of short sellers entering based on the expectation of "continuation of range oscillation", but such short positions driven by short-term sentiment may precisely become the "fuel" when prices break through, further pushing the market upward.

Based on the above analysis, we maintain a strong bullish stance on Ethereum, with a long-term target directly aimed at a historical high. Specific trading strategies can be developed around the following ideas:

Long position entry range: It is recommended to place long positions in the range of 4400-4440, as this range is close to the support level below and is at a relatively low position in the current oscillation, providing a high risk-reward ratio;

Target setting: The first target focuses on the resistance level of 4540, and after reaching it, partial profit-taking can be done based on the volume situation; if the price breaks through 4540 with increased volume, one can add to the position, looking towards the second target of 4608; $ETH