On the 4-hour level of Ethereum, the level briefly broke through the middle band of the Bollinger Bands following the data release. Currently, on the 4-hour chart, it is in a strong bullish rebound zone. To achieve a higher rally, it needs to stabilize above the middle band in the evening. Currently, there are 3 consecutive bullish candles on the 4-hour chart, indicating effective short-term support and a greater rebound opportunity. For short-term trading, long positions can be further laid out.