#ETH faces key challenges, breakthroughs or reversals hinge on this move

ETH is under bearish pressure from moving averages, with EMA7 crossing below EMA30. The rebound is capped below 4180, with a distance of 46 dollars from EMA7. If it fails to rebound, the weakness will continue. The MACD bears are gradually weakening with signs of bullish divergence, while trading volume is low, making fluctuations likely. RSI is oversold, and in similar past situations, there was an 8% rebound.

4180 is the resistance from EMA7; breaking it could trigger a short squeeze rebound. 4150 is the closing equilibrium point; 4060 is the daily low support, and breaking it may accelerate the decline. 4000 is the weekly trend line and a zone for institutional accumulation.

In terms of operations, holders should adjust their stop loss to 4055. If the price rebounds to 4160 - 4180 and encounters minor resistance, reduce the position by 70%.

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I will continue to position strategically. Rather than blindly searching and missing the best entry and exit points, leading to losses, it’s better to follow my guidance directly.