#ETH Ethereum (ETH) Multi-Cycle Trend Interpretation: Short-Term Fluctuation, Long-Term Momentum Still Present

From the four-hour chart, Ethereum has experienced a prior surge and is currently in a fluctuating decline, with prices rebounding after gaining certain support around $4193.77. However, overall bullish strength has temporarily weakened, and the volatility rhythm is leaning towards adjustment.

On the daily level, Ethereum previously climbed to a high of $4788, then began to pull back and is currently in a fluctuating phase after the decline. Although there have been fluctuations in trading volume, it has generally maintained a certain level, indicating that market trading remains relatively active, although both bulls and bears are temporarily in a state of contention.

From the weekly perspective, Ethereum has surged from a low of $1385.05, showing a clear upward trend in the medium term. Despite recent adjustments, the foundational upward trend has not been broken according to the long-term trend structure and moving average system, and it still possesses certain long-term upward momentum.

In summary, Ethereum may continue its fluctuating pattern in the short term. However, in the long term, based on previous trend accumulation, there are still promising performances to look forward to. Future attention can be given to the defense of key support levels and changes in trading volume to assess whether its trend can further align with the long-term trend.

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