Recently, the Ethereum (ETH) market has exhibited obvious sideways fluctuation characteristics, but this situation seems to be on the verge of a turning point. After a period of momentum accumulation, the key moment for a market breakout is approaching.

From the technical perspective of the four-hour level, the MACD indicator shows noteworthy changes. The fast and slow lines are continually converging, and the closing range is consistently narrowing, which indicates that the balance of bullish and bearish forces in the market is about to be broken. More importantly, the current market displays a clear bullish divergence pattern, suggesting that the price movement and technical indicators have reversed, accumulating strong momentum for the bulls.

Comprehensive analysis indicates that market dominance is gradually shifting towards the bulls. For investors looking to participate, it may be worth considering establishing long positions in the range of $4050 to $4080, with an upper target price level to watch around $4220.

However, it is important to remind that the cryptocurrency market has always been highly volatile. Investors must fully assess the risks before making any decisions and develop appropriate trading strategies based on their own risk tolerance and investment goals. At the same time, continuously monitoring market dynamics and various factors that may affect the price of ETH is also a wise choice.