From a 4-hour perspective, although the 3000 integer level acts as a short-term resistance, Ethereum overall remains within a sideways upward channel. Technically, the middle band of the Bollinger Bands continues to provide effective support for the price, with pullbacks being absorbed; the MACD green momentum bars are steadily expanding, indicating that bullish momentum is still accumulating, while the KDJ indicator is operating in the neutral zone with initial signs of forming a golden cross. Overall, the moving average system shows a bullish arrangement, and the trend pattern has not reversed. In the short term, the movement is still inclined to oscillate upward, and the bullish pattern is expected to continue.