Let's also talk about Ethereum. During this round of increase from 3300 to 4700, the high point retracement is around the 0.618 level, which is approximately near 4250. I mentioned this during the live broadcast last Friday.

Today, it broke below 4250, hitting a low of 4228. The range between 4250 and 4200 is still a point for speculation. If you want to play it safe, you can buy in batches, looking up towards 4350-4400. If it stabilizes at 4370, there is a chance to challenge 4450. The strong and weak dividing line is at 4580. If it recovers above that, it will be a significant upward move.

Additionally, if it continues to retrace, 4050 is very critical. If it breaks below and cannot recover, it would signify the end of this round of adjustment and enter a stage of major correction (personally, I don't think it will happen) as this year's two interest rate cuts are still in play. Unless the rate cuts are canceled...