Ethereum
In yesterday's review, Ethereum fell from a morning high of 4521 to 4224, a drop of nearly 300 points, resulting in countless liquidations. However, after stabilizing at 4224, it surged back to 4343, indicating that the bulls have a deep layout in this area. The current momentum is still dominated by bears. There were no significant negative news events yesterday; on the contrary, a series of positive news emerged, suggesting that this sell-off was just a coordinated high-position exit by some major players and funds, while accumulating at lower positions. Overall, the market needs to

Yesterday's review
Ethereum had a stair-step rise after falling from 4640 in the morning to around 4560 yesterday. The 24-hour capital inflow into Ethereum reached a scale of 40 billion at one point, leading to a state of high volatility near the peak, with constant upward breakthroughs, consolidations, and further breakthroughs in increments of 30 to 40 points. The current market sentiment is increasingly greedy, and there is less than a 100-point gap from the peak of the bull market in 2021. However, there is significant resistance above, and after breaking through the historical peak, the o