The performance of ETH is relatively stronger. After a recent pullback to 4200, it rebounded, and the previously mentioned support at 4050 was also basically touched. Subsequently, the price rebounded slightly after reaching the first resistance level near 4350.

Yesterday, the daily line closed with a small bearish candle with a long upper shadow, so today we will focus on whether it can break through yesterday's high.

Recently, the key point is to see if 4350 can effectively stabilize. Only by holding this position can the subsequent market potentially open up further.

Yesterday's price defended itself after pulling back to the intraday support, and the overall trend is not considered weak. There is still some upward space during the rebound process.

If ETH can stabilize around 4350, the next target can be looked at in the range of 4500–4600. If it challenges 4600 later, it will be a key point for the market to challenge the historical high. $ETH #ETH