ETH's recent performance has been weak, having directly broken through the 4350 support line during the day yesterday, and after dipping to around 4280 in the early morning, it temporarily stopped falling.
However, the current rebound strength is relatively weak, with no significant recovery seen during the day; even if BTC rebounds, ETH's upward momentum is relatively insufficient, and its performance is clearly lagging.
In the evening, attention can be paid to whether ETH will follow suit and strengthen, with a focus on the daily closing performance. If the overall trend remains weak, continued attention should be paid to the lower point area during the day, being cautious of potential pin bar events, with key intervals focusing on 4200-4250.
If BTC can stabilize, the probability of ETH dipping deeply will decrease. In the evening, some degree of counterattack from ETH can be expected, with initial resistance above focusing on the 4400-4450 range.
Overall, attention should still be paid to whether the 4600 level can be effectively broken and stabilized, as this will provide key signals for opening up upward space $ETH #ETH