From the 1-hour chart of Ethereum, yesterday a pin bar broke through the two key Fibonacci retracement support levels: the 61.8% level at around 4550 and the 50.0% level at around 4470. If it drops again tonight, pay attention to the status of these two support levels. If it can return above 4670, the bullish trend will continue. Tonight, first focus on the strength of the rebound.
Ethereum trading suggestion: Buy on dips near 4620-4600, with a stop loss at 4560, targeting around 4690-4710. If it breaks, target around 4730-4740; if it doesn't break, consider shorting.