Ethereum price analysis (Bullish) — 4715.01 USDT (+4.52% 24h)

ETH is showing strength, trading at $4715 with a solid 4.52% gain over the last 24 hours. The price is currently above both the 20-day SMA ($4699.59) and the 50-day SMA ($4570.97), indicating a healthy uptrend. The RSI at 55.75 is in neutral territory, suggesting there’s room for further upward movement before hitting overbought conditions. High 24-hour volume of over $2.28 billion confirms strong market participation in this move. Given the current momentum and technical positioning, I would look for opportunities to enter long positions on any minor pullbacks toward the $4650-$4680 support zone. Maintain tight stop-losses below $4600 to protect capital in case of a trend reversal. The overall structure remains constructive for higher prices targeting the $4800-$4850 resistance area.