The latest Ethereum market analysis shows that ETH may continue to maintain its upward momentum in the short term. On the technical side, the MACD indicator on the 1-hour chart presents positive signals, with the DIF line crossing above the DEA line forming a golden cross pattern, while the red energy bars continue to extend. These signs indicate that the current upward trend of Ethereum is relatively clear, and there may be further upward space in the short term.

Based on the current market situation, investors may consider looking for entry opportunities in the range of $4520 to $4540. If this range is broken, the next important target will be around $4680 to $4700. This area may become a significant resistance level, and investors should closely monitor the price performance in this range.

However, the cryptocurrency market is highly volatile, and investors should fully assess the risks before making any decisions. It is recommended to combine other technical indicators and fundamental factors to develop a comprehensive trading strategy. At the same time, it is also very important to set reasonable stop-loss levels to control risks.

Overall, Ethereum shows positive signals in the short term, but investors should remain cautious, closely monitor market changes, and adjust their strategies in a timely manner.