ETH is consolidating in the 4700-4800 range, bullish or bearish. Watch for two points: 1. If volume decreases and the price holds above 4700, it's a bullish signal, potentially pushing to 5000. 2. If volume increases and the price breaks below 4700, it's a bearish signal, potentially dropping to 4500. Short-term light position trading, wait for clear direction before entering for the medium term.

Brothers, now when you open the ETH K-line chart, do you feel a bit 'jammed'? The strong momentum from a few days ago is still fresh in your mind — on Monday morning, it shot straight up from 4200 without much retracement, and by Wednesday afternoon it reached 4888, with a surge of 680 points. Many were glued to their screens, exclaiming 'ETH is going to 5000'. A friend of mine who trades short-term entered a long position at 4300 and took profit at 4800, securing a 500-point profit and boasting to me, 'I can relax this week'; then just two days later, the market got stuck in the 4700-4800 range, especially over the weekend, when the trading volume halved. The voices that originally shouted 'going for 5000' have now turned into 'wait for direction' and 'small positions to test'.