If ETH does not have spot capital inflows and relies solely on the futures market for buying, it cannot drive a rebound; it has previously encountered resistance at the 4240 level.

However, during the evening session, ETH directly broke through the 4240 level, rising to around 4370; after all, it has been declining for a week, and it is time to inject some confidence into the bulls.

Intra-day pullback to the 4210-4160 range, with targets at 4355, 4400, and 4470.