The current bullish trend of Ethereum is significant, with multi-dimensional support for price increase:

The 4-hour K-line shows a rise in both volume and price, with strong bullish momentum; the MACD red bars are lengthening, indicating sufficient upward momentum, forming a bullish flag, and the RSI shows there is still room for growth!

Bearish defeat: Over $22 million in short positions have been liquidated, and market sentiment has turned optimistic! Whale activity: In the last 12 hours, whales have withdrawn over $126 million in ETH from exchanges, signaling strong long-term bullish outlook!

Ethereum: 2920, 2890 buy, target around 3150! $ETH