$ETH Ethereum four-hour Bollinger channel overall maintains an upward-opening posture and continues to expand; the complete up-channel structure has not yet shown any reversal signal, indicating that the medium-term uptrend is fully confirmed. This round of market action is a clearly defined, upward rebound–dominated move.

The midline stays in a state of slowly rising throughout the entire period. This midline is the core trend support line of this upswing. After the price started its pull-up, it has consistently leaned on the midline as its upward support; every small pullback can be taken over by the midline, showing that the medium-term bullish capital’s bottom-support strength remains continuously in place. At present, there is no underlying condition for a trend shift to bearish.
The overall room for correction has already been fully released. The downside space is firmly locked by the medium Bollinger midline, while the rebound room above is more cost-effective. After the consolidation and bottoming phase is completed, the direction where bullish forces repair the market is more likely.
Wait for the market to make a slight pullback and oscillate near the lower boundary of the support band. Once a stop-loss-decline-and-stabilize candlestick formation appears, gradually deploy long positions in batches. Use the four-hour Bollinger midline as the overall trend-defense bottom line to capture the rebound continuation in the repair-and-rebound phase.