The recent price of $ETH has shown a fluctuating upward trend. The candlestick for the 3rd and 4th are bullish, indicating strong bullish power. On the daily level, a three consecutive bullish candlestick pattern formed from the 2nd to the 4th, with closing prices gradually increasing, showing that upward momentum continues to strengthen. The MACD histogram on the hourly chart remains in the positive area, with the DIF and DEA diverging upwards, indicating that bulls dominate in the short term. The daily MACD is also in a golden cross state, with a clear upward trend. The RSI on the hourly chart is close to the overbought zone (82.21), but still maintains a high position, indicating that current market sentiment is bullish. The daily RSI value stabilizes above 70, indicating a strong market trend. The EMA on the hourly chart shows a bullish arrangement for EMA7, EMA30, and EMA120, with prices running above EMA7, indicating strong support. The daily EMA also maintains a bullish arrangement, confirming the overall upward trend. The trading volume on the hourly chart significantly increased to 2200 on the 3rd, then slightly retreated, but still maintains a relatively active level, indicating high capital participation. The daily trading volume peaked on the 3rd, with a slight decrease on the 4th, and attention is needed to see if subsequent volume can continue to support price increases.

Suggested operation: Enter long in the range of 3130—3180, with a short-term target of 3225—3250.