[Analysis: ETH May Continue Its Rebound Momentum to Reach $4,500 by Late October] According to Cointelegraph, some market indicators suggest that Ethereum may extend its rebound momentum and reach $4,500 by late October. Currently, ETH appears to be forming a 'bullish flag,' a pattern that typically signals a continuation of an upward trend after a brief consolidation. Additionally, ETH's recent price has mostly remained above the 'Weekly Bull Market Support Band,' indicating a potential breakout above the channel's upper limit, i.e., the $4,450-$4,500 range. If this breakout occurs, ETH could potentially reach $5,200 in November. However, if ETH falls below the lower boundary of the 'bullish flag pattern' price range at $3,550, it may face further retracement.