ETH small level divergence appears, subsequent rebound is weak, the price is about to test the middle band support, and has confirmed the breakdown of the upper boundary of the oscillation channel.

Therefore, it can be determined that ETH has exited the previous oscillation market and entered a slightly bearish correction phase. The last signal that needs to be confirmed is a brief drop of the price below the middle band.

The intraday rebound pressure is in the 4350-4400 area, short positions can be gradually entered here, with targets at 4200, 4160, 4010.