ETH, in the short term, around 4226 is a Fibonacci support level; of course, this support level is not considered a 'golden support level', and there has been some rebound.

The awkward part is that in the CME trend, the gap has not yet been filled; currently, the gap is around 4100–4190, about 90 points wide.

Although filling the CME gap is not 100% guaranteed, it is a high-probability event; however, the current retracement trend increasingly suggests the possibility of filling the gap.

However, once ETH fills the gap, it means that not only will ETH's current support level fail, but #Bitcoin will also have to break the key support level of 114,500.

At present, it is impossible to determine if the gap will be filled, but if the support at 4226 is broken, the possibility of filling the gap significantly increases.

The next short-term support, 4060, is supported by the daily mid-band! First, let's see if the current support will be broken this week!