The short-term trend of Ethereum (ETH) shows some positive signals. Technically, the MACD indicator has formed a golden cross pattern, and the price is showing a rebound trend, which gives long positions a certain advantage. However, market participants need to closely follow the key watershed at $4,325.

If ETH can break through this level, it is expected to challenge the target of $4,500, with a probability of about 55%. Conversely, if it fails to hold this key level, it could lead to a pullback to the $4,173 or even $3,900 area.

Investors should be vigilant about potential risks when formulating strategies. Pay close attention to changes in trading volume and external factors such as the opening of the U.S. stock market that may impact the cryptocurrency market. Given the current situation, a long positions strategy may be adopted, but it is advisable to set stop-loss levels below $4,100 to control risks.

In the short term, the trading range for ETH is expected to be between 4,150 and 4,400 USDT, with a 24-hour volatility of about 3-5%. This prediction is based on the analysis of current market indicators, but it is important to emphasize that the cryptocurrency market is highly volatile, and investors should make decisions based on their own risk tolerance and investment goals.

Overall, Ethereum currently shows certain upward potential, but market participants should remain vigilant, closely monitor the breakthrough or breakdown of key price levels, and adjust strategies in response to market changes.