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Ether has been trading sideways on the four-hour level for several days, with both bulls and bears alternating in making a strong push. In the early morning, it attempted to rise but did not break through the resistance zone, failing to escape this range-bound situation, and has since come under pressure, resulting in a slight pullback. This indicates that the consecutive rebounds over the past few days have not broken through the 4380 area, which has strong selling pressure. Moreover, the overall four-hour closing shows that the high points are continually moving downward, with strong support around the 4250 level.
Ether: 4306 short, looking down at 4226, support at 40 points #BTC #ETH