The recent performance of ETH has been strong. After gaining support around $4200 last week, it quickly rose, not only effectively breaking through the $4600 level but also setting a new all-time high over the weekend.

From a four-hour perspective, the price has shown multiple up and down pin bar patterns, indicating some market volatility and a tug-of-war between bulls and bears.

This week, it's crucial to pay attention to the effectiveness of the $4600 support area—this level was previously a key resistance that turned into important support after the breakout.

If the market can stabilize above the $4660–4600 range, it is likely to maintain a strong pattern. Once the price stabilizes above $4850, the upward potential may further open up, with subsequent targets looking towards the $5000–5300 range. $ETH #ETH创历史新高