$ETH The secondary market hasn't dropped much, because it is currently at the daily level support position. However, the four-hour chart has broken down. We need to see if the four-hour close can return above 1600. For a bullish outlook, wait for the four-hour chart to stabilize above 1600. The bulls are relatively strong, with upper target resistance at 1630, 1660, and 1690. Before the four-hour chart stabilizes above 1600, it is not recommended to blindly enter long positions. Watch for lower support at 1550, 1505, and 1470. It is suggested to pay attention to long positions near these levels and manage your position well.
