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Ethereum's current four-hour chart shows a series of strong bullish candles, effectively breaking through the previous consolidation platform and stabilizing above the middle band of the Bollinger Bands. The bullish volume has significantly increased, further strengthening the upward trend structure. The one-hour chart indicates an accelerated upward momentum, forming a clear breakout pattern. The Bollinger Bands are expanding upward, with the price moving outside the upper band, demonstrating strong short-term buying pressure, and the rebound trend is expected to continue. The moving average system is showing a bullish divergence, providing solid support during pullbacks, and the higher highs and higher lows are gradually lifting, maintaining a clear and intact upward channel.
It is recommended to go long around 3150 and 3180, with the first target at 3280, and a breakout to 3450.