Monday Thought Analysis:

From the daily level, Ethereum has recently maintained a fluctuation range between 4250-4500. On September 5th, the price touched a high of 4490 and then formed a long upper shadow, clearly reflecting heavy selling pressure above.

From the 4-hour chart, although there has been a slight rebound, the overall trend is still in a correction phase within a downward trend, with high points gradually moving lower. Despite an increase in trading volume, the price has not been able to break through the key resistance level, indicating that the current flow of funds is insufficient to support a strong upward movement.

Operational Suggestions:

Short Ethereum near 4380-4400 on the rebound, targeting around 4300-4250.