The path from 4600 to 6000 for $ETH is clearly visible. The rising rhythm and market structure of $ETH both align with the characteristics of a typical main upward wave. Since breaking through 4200, the price has consistently stayed in a high range, with stable volume-price coordination. On-chain data indicates an increase in the concentration of large holders' positions, and the main cost zone is moving up quickly, suggesting that capital has optimistic expectations for the future market. Additionally, the expansion of Ethereum's ecological applications in the DeFi and Layer2 fields has driven growth in real trading demand. The breakthrough at 4600 means that the bulls have taken an absolute advantage, and the short-term adjustment space is limited. If capital inflows continue, reaching 6000 by mid-September is not only achievable but may even be realized ahead of schedule. The trend is clear, and value realization is in progress. $ETH