In the short term, there is a trend of downward adjustment in Ethereum prices, mainly based on the current market's lack of a clear upward trend!

Around 4420, it may briefly drop to 4200, breaking through the key support level of 4000!

Once the price successfully breaks through the support level of 4000, the market may undergo a reversal, initiating a bullish trend, heading north all the way!

Because 4000 is an important psychological threshold and technical support level, if broken, it will attract a large amount of short covering and long positions entering the market, driving prices up!