Recently, the Ethereum (ETH) market has performed remarkably, showing strong pump momentum. Currently, the key support area for ETH lies between $4150 and $4000, which is crucial for the short-term trend.

Market analysts are focusing on the potential double top pattern that may form on the four-hour candlestick chart, as this technical indicator could hint at the recent market direction. If a pullback occurs, the $4150 to $4000 range will become an important support, and investors need to closely monitor the price reaction in this area. Conversely, if ETH can break through and hold above $4300, it may lay the groundwork for further upward movement. In this case, intraday trading might challenge the resistance area of $4400 to $4450.

However, investors should not overlook the potential impact of market sentiment and macroeconomic factors on ETH prices. Given the high volatility of the cryptocurrency market, it is particularly important to monitor market dynamics in real time. Investors are advised to remain cautious and to consider both technical analysis and fundamental factors when making decisions.

Despite the uncertainty in the short-term trend, this wave of rise in Ethereum once again highlights its core position in the cryptocurrency ecosystem. As more and more applications and services choose to build on the Ethereum network, its long-term development prospects remain worthy of attention. However, investors should be aware that the cryptocurrency market is ever-changing, and it is necessary to stay vigilant and adjust strategies in a timely manner.