#Fed Officials Speak Out Collectively Since last night until this morning, the price of $ETH has started a steady upward attack from the 4128 area, eventually reaching a high of 4234 before undergoing the anticipated technical adjustment, and is currently consolidating around the psychological level of 4200. Analyzing from a four-hour timeframe, Ethereum has successfully broken through the previous important resistance level, and after a pullback test, it has confirmed that this position has transformed into effective support, showing a relatively robust overall market structure.

In terms of technical indicators, the short-term moving averages have formed a clear golden cross pattern, the Bollinger Bands are showing an expanding trend, and at the same time, the trading volume has increased correspondingly during the price upward movement. These technical factors collectively confirm the sustainability and health of the current bullish momentum.
In response to recent operations, investors can focus on the support range of 4080-4120 for long positions, with an upward target area set between 4200-4350. This range is expected to become the main activity zone for Ethereum in the short term.