$ETH

From the current technical pattern of the market, the overall operation is in a clearly defined downward channel. The 4-hour K-line chart shows a series of bearish candles dominating the trend. Although a small bullish candle has formed, it appears more like a technical rebound after consecutive declines. From the perspective of trading volume, the bullish candle's volume has not effectively increased, indicating that the market's willingness to buy remains weak. The MACD indicator continues to diverge below the zero line, with the DIF and DEA lines showing a bearish arrangement. Therefore, we will maintain a bearish outlook in the afternoon.