From the 4-hour level perspective of Ethereum, the candlestick chart shows a rise followed by a drop. After a consecutive 5-day decline, it has started to bounce back. Currently, the rebound is decent, with a long lower wick indicating that short-term funds are entering the market at the bottom. Additionally, there is support from the MA120 moving average below. Since the correction space is limited, it will likely only pull back to around 3600. After building momentum, Ethereum will continue to challenge the 3800 resistance level.