The recent price of $ETH has fluctuated upwards to around 2472.61, approaching the medium to long-term moving average level.

In the short term, the price may face adjustment pressure. Although the market's short-term moving average (MA5) shows signs of a pullback, it still remains above the short-term moving average, reflecting the strength of short-term rebounds.

The price is facing resistance near the upper Bollinger Band, suggesting that there may be a pullback or fluctuation in the short term.

From a medium to long-term perspective, the moving averages and the middle Bollinger Band indicate that the market trend remains upward, and the price may continue to rise after finding support.