Ethereum has performed brilliantly recently, showing a strong upward trend for three consecutive trading days. This rebound not only caused the price to break through various important moving averages but also reestablished the rising channel, forming a typical "V" shape reversal pattern, demonstrating a clear improvement in market sentiment.

From a technical indicator perspective, the MACD has completed a golden cross below the zero line, which is typically seen as a positive buying signal. If the MACD can break through the zero axis, it is likely to trigger a new wave of rising momentum. In this case, market participants may focus their attention on the key resistance level of $4800.

Despite the strong performance of the market in the short term, investors should remain cautious and closely monitor market changes and potential resistance levels. Additionally, macroeconomic factors and industry developments should also be considered for their potential impact on Ethereum prices.