Recently, Ethereum's wash trading has been quite harsh, having dropped nearly 20% from its peak. From a daily chart perspective, the pullback has reached a key position; below is the MA30 support and the psychological level of 4000, providing dual support. Generally, at such a special position, the probability of breaking below on the first retest is very low, making it likely to experience a bottoming rebound. If Ethereum can hold above 4000 in the short term, it will subsequently target the resistance level of 4400 #以太坊 #ETH