$ETH Today's bullish trend is gaining momentum again, and ETH will challenge 4000 once more!

The 4-hour chart has consistently broken through the previous high of 3700 with consecutive bullish candles, stabilizing above the key integer level of 3800, and is currently entering an upward channel;

The 1-hour chart has shown a long upper shadow near 3850, indicating short-term profit-taking pressure in that area, but it is still oscillating at a high level;

The daily chart shows three consecutive bullish candles + a break above EMA120 (3561), forming a standard bullish engulfing pattern, further confirming the medium-term trend.

The trend remains bullish, but short-term caution against overbought adjustments is advised; a pullback that doesn't break previous lows presents an opportunity.