Ports 49152–65535 · TCP/UDP

Ports 49152–65535: Dynamic (temporary) port

The dynamic range. Windows picks a free port from 49152 to 65535 as the local end of every outgoing connection, and many Windows services, RPC among them, listen on ports from this range too.

Protocol
TCP/UDP
On Windows
Any program
Risk if open to the internet
Low

Seeing it on your PC

In netstat, your side of almost every connection is a port in this range. That says nothing about the program: look at the remote end and the owning process instead.

Should you block it?

Never block the whole range. Judge each listener by the program that owns it.

Check it on your PC

Run this in PowerShell to see what is using port 49152 right now, and which program owns it:

Get-NetTCPConnection -LocalPort 49152 -ErrorAction SilentlyContinue | Select-Object LocalAddress,LocalPort,RemoteAddress,RemotePort,State,@{n='Process';e={(Get-Process -Id $_.OwningProcess -ErrorAction SilentlyContinue).ProcessName}}
Get-NetUDPEndpoint -LocalPort 49152 -ErrorAction SilentlyContinue | Select-Object LocalAddress,LocalPort,@{n='Process';e={(Get-Process -Id $_.OwningProcess -ErrorAction SilentlyContinue).ProcessName}}

No output means nothing is using the port at the moment. For every connection at once, paste netstat -ano into the netstat explainer.