Ethereum has recently experienced a slight pullback on the daily chart, but the overall long positions pattern remains solid. Although the MACD golden cross pattern has not fully recovered, the market still maintains a strong momentum.

On the 4-hour candlestick chart, we can observe the formation of a high-level ascending triangle flag pattern, with the key support level located at 4660. It is worth noting that the MACD indicator has shown a top divergence signal, which may suggest that the main funds might create a sharp drop after pushing up the price.

Based on the current market situation, investors can consider the following strategy: when the price pulls back and stabilizes around 4690, they can establish long positions with a small amount. The initial target can be set around 4780, and if this level is broken, they can further look towards 4800.

However, investors should also be aware of potential risks. The market may experience significant volatility, especially when breaking through key resistance levels or falling below support levels. Therefore, it is advised that investors closely monitor market dynamics, adjust strategies in a timely manner, and always maintain an awareness of risk management.

As the Ethereum ecosystem continues to develop, the market remains optimistic about its long-term prospects. However, in the short term, investors should still respond cautiously to potential fluctuations, adjusting their positions flexibly to achieve the best investment returns.