The bearish pattern of Ethereum's 4-hour chart remains unchanged. The lower band of the Bollinger Bands is narrowing but has not exceeded yesterday's low. Be cautious with long positions during the rebound.

The candlestick is under pressure from the MA15 and the middle band of the Bollinger Bands. Attention should be paid to whether the fast and slow lines can converge and whether the RSI and KDJ can break through the middle band resistance with a golden cross; if not, the high short positions will continue.

Ethereum: Short near 2830, with targets sequentially at 2780, 2720, 2650. $ETH