If Ethereum is truly to move to a higher stage, its consolidation in the range of 4000-4800 may be a necessary step.

Many people find sideways movement very torturous: the price neither rises nor falls, and their mindset is slowly consumed, leading them to doubt whether the market has ended.

But history tells us that before a real major market event, there is always a 'testing' consolidation period. It is both a cleansing of impatient capital and a test for long-term investors.

This range is like a touchstone:

1. Those without patience will be washed out;

2. Only those with resolve will truly stay in the game.

When the chips have sufficiently changed hands and emotions have been smoothed out, the market often chooses a new direction.

And when the breakthrough arrives, many will look back and realize that the best opportunities quietly gestated in the most tedious consolidation.