Although the recent ETH market performance appears weak in terms of percentage decline, it should be considered in conjunction with the strong performance of the second-tier cryptocurrencies during this cycle. The current level of pullback is within a normal range.

After a pullback of 600 points from the peak, the key support zone on the daily chart has moved up to 4000-4200, with the area around 4150 serving as a precise defensive observation point.

The four-hour chart shows a downward trend. It is recommended to prioritize monitoring the strength of support in the range during the day before assessing the rebound momentum. The overall market is currently weak, and contract trading requires strict risk control. $ETH #ETH