From the 1-hour perspective, it is currently in a phase of sideways decline. From the 4-hour perspective, it has pierced the lower band of the Bollinger Bands, which are opening downwards, with all three lines pointing down. The corresponding range is: 4754-4521-4288. Next, there will be a technical rebound that breaks through the lower band of the Bollinger Bands. In the hourly chart, the MA moving averages show a one-sided downward arrangement, and the short-term moving averages have turned downwards, crossing below the medium and long-term moving averages. However, the MA5 corresponding price of 4362 shows signs of turning upwards, indicating that the market will experience a period of consolidation in the short term. Once it holds steady, it will continue to surge upwards. The densely packed resistance area above consists of the pressure intervals formed by MA10, MA240, MA360, etc., at 4430--4455--4473. After breaking through and holding above this range, it will continue to surge to around 4600. In the 4-hour chart, the bullish trend is turning into a bearish trend. The MACD indicator currently shows a death cross in a downward state below the 0 axis, but the fast line has already turned upwards. If a golden cross forms after the rebound, it will rise. The energy bars in the 4-hour chart are relatively weak, with the slow line still above the 0 axis. If this round of rebound can hold above 4450, it will continue to push towards around 4600. The RSI indicator in the 4-hour chart is in an oversold phase, and market sentiment is approaching extreme panic. If it continues to fall below 4300, it will trigger panic selling in the market. In summary, the market sentiment is currently in a state of panic, but a warming phenomenon is occurring. If it does not break below 4275, which is the MA5 on the weekly line, it will continue to rise. If it breaks below, panic selling will occur in the market. Currently, it is near the upper band of the monthly line at 4360. Conclusion: Sideways consolidation with a slight upward bias. The consolidation range is: 4364--4405. Upper resistance: 4414, 4450, 4510, 4580. Lower support: 4330, 4300, 4275, 4145. ETH trading strategy: Low long strategy: A long order can be established near 4300, with a replenishment point around 4150, and a stop loss if it falls below 4100. If it breaks above 4400, a long order can be placed around 4380 during the pullback. First take profit: 4390, second take profit: 4450.