The recent price movement of Ethereum (ETH) has attracted widespread attention in the market. From the hourly Candlestick Chart, there are signs of volume-price divergence and Indicator Divergence, which typically indicates a possible pullback. However, there are differing views in the market regarding the subsequent movement of ETH.

Some analysts believe that ETH may pull back to the levels of $4600 or $4300. This view is based on the current technical performance, suggesting that a short-term adjustment is healthy and necessary.

Another perspective is more optimistic, anticipating that major funds may strongly push up ETH, breaking through the previous high of $4868. This view may stem from confidence in Ethereum's fundamentals and expectations of continued entry from institutional investors.

Currently, Ethereum is still some distance away from its historical peak. Market participants are closely following whether ETH can create a new price record. At this critical moment, investors need to weigh various factors, including market sentiment, technical indicators, and the development of the Ethereum ecosystem.

Regardless of short-term price fluctuations, Ethereum, as the leader of smart contract platforms, still has long-term development prospects worth following. Investors should comprehensively consider short-term technical indicators and long-term fundamentals when making decisions, and formulate appropriate investment strategies based on their risk tolerance.