Will ETH surge to 4800 in one go? Key points have emerged!

Last time, the "false breakout" at ETH 4300 severely reaped a wave of profits, and I watched helplessly as profits turned into losses. At that moment, I realized: the key to the market has never been to predict the future, but to focus on the areas of concentrated positions and emotional turning points.

Today, ETH is hovering around 4600, seemingly boring, but in reality, there are undercurrents.

The heatmap shows: there is solid buying support at 4500–4520, like a moat.

Above, there are concentrated sell orders at 4700–4750, which is the "ceiling" that must be broken.

From a technical perspective, the 4-hour Bollinger middle band is at 4590, and the price is above it, indicating that the bulls still have the upper hand.

Response plan:

Short-term: Gradually buy near 4500, set a stop loss at 4450, with a target first looking at 4680, then 4750.

Medium-term: As long as the daily line does not break below 4330, maintain a bullish outlook, patiently waiting for a volume breakout; 5000 or even 5200 is not a dream.

But I always remind myself: the market is often the fiercest when everyone is the most optimistic or the most pessimistic. Don’t go all in before a breakout; controlling position size is the core rule for long-term survival.

ETH is in a "power accumulation phase"; as long as it holds above 4500, there is still a chance to challenge 4700+; once it breaks out with volume, we may really see 5000. The rest is up to the market to decide.