On August 20, 2025, at 17:55, let's take a look at the current position of Ethereum's market. The rebound is in place, and we can open a small short position. The defensive level is at 4251, with a target of 4190-4163. If the stop loss is breached, we can pay attention to the short defensive level at 4285, with a position at 4313$ETH #加密市场回调 $ETH .