ETH Silk Road Analysis:

On the 4-hour chart, the price has repeatedly surged and then retreated, with long upper shadows highlighting short-term pressure; fortunately, the support below is strong enough, and the lows are gradually rising. The bulls have not retreated but are gathering strength, waiting for another opportunity to surge higher.

The 1-hour chart has broken through the previous resistance, with bulls actively pushing forward, and there is no clear resistance above. The short-term upward trend is clear. Overall, the market may experience minor fluctuations, but the major trend leans upward. The key will be whether it can break through the 4-hour resistance level and maintain the upward momentum to reach new highs.

Operation suggestion: Near 4450-4420, look up to around 4500-4550. #ETH