Yesterday, the issuance of 1 billion funds on-chain led to an increase in the market. The ETH resistance levels are at 4380 and 4431, which can be shorted with a stop loss at 4489. The bottom-buying funds yesterday were still strong at 4230 and 4148, which can be bought long with a stop loss at 4107. The target position can be settled at both resistance and support levels. The overall trend is to sell high and buy low within the range, without a clear pattern, digesting the daily MACD death cross through a fluctuating downward movement.

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