The 4000-4200 range for Ethereum can be a good spot for bottom fishing; this range is an important dividing line between bull and bear markets.

From a technical structure perspective, 4000 is a strong support level. If this level holds, the upward structure is likely to continue; if it effectively breaks down, the market may face a deeper adjustment and consolidation period.

The institutional bottom fishing position is around 4200; this current position can be used for bottom fishing, and medium to long-term positions can be planned in batches.

Intraday focus: API3 UMA OGN RAD PHA

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