Market Analysis — ETH After a period of slow upward movement to lure in positions and yesterday’s sharp drop to close the net, the main players have completed a targeted harvest of close-range orders or those chasing the rise. The major risks can be said to have been fully released, and now we’re entering the start of a new structure. Summary of the new structure’s key information: The upper boundary is around 4530, and the lower boundary is between 4440~4379. The current candlestick pattern indicates a continuation of the downtrend, with the main decline in progress. As for trading suggestions, if the price first reaches near the upper boundary, a second pullback to 4420~4379 is likely to form the lower boundary of a consolidation range. You can go long at a low point to catch the rebound. If it doesn’t reach the upper boundary and directly pulls back, you can still trade, but keep expectations modest and leave room for orders around 4320~4250 (1:2). The actionable resistance levels are at 4636~4670 (low probability sudden points; don’t gamble on them. If reached, short briefly and target 4560 for a low-entry long). Note: These are all quick in-and-out local points. ETH