From the daily chart perspective, Ethereum failed to break through the MA60 in the short term, leading to a pullback after a surge. However, there’s support at the MA120 below, and its MACD has formed a golden cross below zero, so the downside is limited. A recent pullback to around 4000 seems likely. Once its MACD gradually moves above the zero axis, it will continue to challenge the previous high of 4250. #Ethereum #ETH