First, let's look at the daily chart. Currently, the market is experiencing a technical pullback after piercing the upper band of the Bollinger Bands. It is currently above the support at the MA5 corresponding price of 4605, with support concentrated between 4450 and 4420 below. On the hourly chart, it is in a state of oscillating decline, about to pierce the lower band of the hourly Bollinger Bands, with the market oscillating downward. The MA moving average indicators are currently showing a transition from long positions to short positions. If the short-term moving average crosses down through the long-term moving average, a one-sided downward trend will form. It is currently in a low-level sideways oscillation. If it does not hold above the support line at MA120 corresponding to the price of 4530, it will continue to fall. The MACD indicator on the hourly chart shows a golden cross below the 0 axis, but the fast line is moving downward nearly parallel to the slow line, indicating market oscillation. The RSI indicator is in the downward phase of a death cross during the normal trading phase, suggesting a wave of downward pullback in the market. Conclusion: Oscillating downward, upper pressure levels: 4630, 4680, 4750; lower support levels: 4530, 4490, 4420.

ETH Trading Strategy:
Long strategy: A long position can be established near 4520, with an additional purchase at 4420, and a stop loss if it falls below 4380. First take profit: 4620, second take profit: 4680.
Short position strategy: You can establish a head position short at 4790, add to the position at 4920, with a stop loss at 4980. First take profit: 4700, second take profit: 4630.