According to Coinglass data, the ETH long position on the Bitfinex platform has significantly increased during recent low consolidation periods, with an increase of about 48% since December 22, now reaching 104,847.23 ETH. This trend indicates that investors are optimistic about the market prospects of Ethereum, which may signal a potential rise in prices in the future. On-chain data analysis shows that market confidence is gradually recovering, with investors actively positioning themselves in anticipation of further developments for Ethereum.