Daily level: Currently in a high-level consolidation zone, after a previous surge, the price has significantly retraced, forming a combination of candlesticks with long upper shadows, clearly indicating that selling pressure has accumulated above. Although there have been short-term rebound actions in the market, it has not been able to break through the previous high, and the rebound momentum is limited, showing prominent characteristics of high-level pressure.

4-hour level: Technical signals are slightly bearish, the MACD histogram has turned from red to green, and the fast and slow lines are continuously approaching the zero axis, indicating a gradual decline in bullish momentum. Additionally, the MACD fast and slow lines on the daily level have formed a death cross, further clarifying the overall bearish trend.

Trading suggestion: It is recommended to set up short positions in the range of 4640-4670, with a target aimed at 4540. #ETH创历史新高