The price of Ethereum (ETH) is undergoing a crucial pump. Currently, ETH is briefly consolidating in the 4666-4688 range, and this adjustment is expected to last for 1-2 hours. In this range, shorting traders should consider reducing their positions, while the support point for longer traders has moved up to 4508.

Next, the bullish momentum may launch an attack from three key levels: 4556, 4588, and 4608, with the target of breaking through the remaining 300 points of space. 4666 is seen as the first important defense line, followed by the three key resistance levels of 4800, 4880, and 5000.

Once the 4666 level is broken, the pressure at 4800 will subsequently increase. Although these resistance levels seem unbreakable, they may be breached under strong buying pressure. However, to truly break through these levels, the market needs to maintain a united bullish sentiment.

It is worth noting that the 4800-4880 range is close to the historical high of the 2021 bull market. A breakout above this level could trigger a strong market reaction, and we might see some interesting market dynamics.

Overall, the recent pump of ETH is challenging multiple key resistance levels. Market participants should closely monitor the breakout of these price points, as they may signify an important turning point for ETH's future trend.