From the daily level of Ethereum, after the price broke through the historical high, a top divergence adjustment occurred, with two consecutive bearish candles. However, the trend has not broken down, and there is support from MA30 below. Therefore, even if there is a significant pullback in the short term, it is likely to drop to around 4200 at most. After the adjustment and consolidation, ETH is expected to challenge the 4600 resistance level.
