Current Technical Overview

On the daily level, the data shows that the trend signal for ETH leans towards sell/bearish, and in the medium term (such as daily/weekly) the major moving averages (like MA100, MA200) still show resistance tendencies, which means that to rise, it needs to break through strong resistance.

In shorter time frames (like 1-4 hours), there is some potential for support and rebound, but overall bullish momentum is not strong enough.

Holding key support/resistance levels is important: some analysis indicates that if the support around $3,750-$3,780 is maintained, a rebound is expected; conversely, if it breaks down, the risk increases.