Ethereum has shown strong performance recently, with positive signals in multiple indicators such as price movement, volume, and long positions, indicating market optimism.

Large amounts of capital continue to flow into the Ethereum market, while in margin trading, long positions dominate. These factors together drive its upward momentum. However, investors also need to be cautious, as the current high long-short ratio may indicate a risk of a pullback in the short term.

Despite the obvious upward trend, market volatility still exists. Investors should closely monitor market dynamics and adjust their strategies in a timely manner to respond to potential price fluctuations. Currently, market analysis indicates that a short-term correction may occur around 4750, while 4820 is viewed as the next potential target.

Overall, the current price movement of Ethereum is encouraging, but investors still need to remain cautious, weighing potential returns against risks. While seizing investment opportunities, it is also essential to manage risks to navigate this vibrant yet unpredictable cryptocurrency market.