From the 4-hour level, Ethereum shows a second retracement of the K-line and a precise retracement of MA60, followed by a bottoming out and rebound. There are signs of a rebound in many stocks, and the trend has not broken through the level. In the short term, as long as MA60 can be held, Ethereum will continue to break through the 3800 pressure level. The 4-hour level will form a W-bottom trend for ETH Ethereum