$ETH's deep squat has arrived. After breaking below the 4630 position, it quickly plummeted. This morning, it dropped to the 4300 spot poc range, and it's clear to see that $ETH's rebound is still very strong.

This daily chart looks terrible. Once the market reaches a round number, there will be very strong resistance. Especially after breaking a new high and continuously rising, when the buying pressure cannot cover the selling pressure, the market will decline, clearing the market while eliminating latecomers.

There are many bull traps, so be careful to distinguish ...