The recent price trend of Ethereum (ETH) has attracted widespread attention in the market. The latest data shows that ETH is close to the important psychological level of 4500 USD, but it is still restricted by pressure on the 4-hour chart. Analysts point out that only by breaking through this key position can ETH open up further room for upward movement.

Today's price increase seems to be a test of the upward pressure. It is worth noting that there has been significant capital inflow in both the futures market and the spot market over the past 24 hours. This indicates that investors remain optimistic about the short-term outlook for ETH.

However, market participants generally believe that for a true breakthrough, ETH needs to firmly stand above $4500. This requires not only sufficient buying support but also the alignment of overall market sentiment.

As the cryptocurrency market continues to evolve, the price trends of ETH will undoubtedly become a focal point of close attention for investors and analysts. The trading activities in the coming days may determine whether ETH can break through the current resistance and initiate a new round of upward movement.