The latest market shows that the price of Ethereum is currently hovering around $3865, with an overall trend of slight upward fluctuations. On the technical side, ETH has successfully held above the 5-day and 10-day moving average support, but the long-term resistance level of the 120-day moving average has not been effectively broken. In terms of momentum indicators, the MACD histogram is narrowing, and the RSI indicator is in the neutral to strong range, indicating that short-term upward momentum has weakened. Analysts point out that Ethereum still has upward opportunities. Investors are advised to pay attention to buying opportunities in the range of 3790-3830 USD, with the upper target level tentatively set near the 4000 USD mark. However, considering the recent overall pullback pressure in the cryptocurrency market and factors such as credit risks in the U.S. banking industry, investors should remain cautious and manage risks effectively. It is worth noting that while Ethereum still has room to rise in the short term, investors should also closely monitor the potential impact of global macroeconomic conditions and regulatory policy changes on the cryptocurrency market. At the same time, fluctuations in market sentiment may lead to sharp price volatility, so it is recommended that investors fully consider various possibilities when formulating trading strategies and set reasonable stop-loss and take-profit levels.