From the recent 4-hour market trend, ETH shows a three consecutive bearish candlestick pattern, with the price gradually approaching the middle band of the Bollinger Bands. Although the bearish momentum is evident, the presence of lower wicks in the candlesticks indicates a certain level of support. It is worth noting that as long as the key support level is not broken, the overall trend remains unchanged.

The hourly level trend shows that after a stepwise decline, ETH has rebounded near the lower band of the Bollinger Bands. Although the intraday increase has retreated somewhat, it has not fallen below the previous low, indicating that the bearish momentum may be weakening.

Based on the current market situation, investors may consider waiting for a pullback to establish long positions at lower levels. Notably, the 3740-3760 range could become a potential buying opportunity. If this area is broken, subsequent targets could be set at levels of 3800, 3850, and up to 3900.

However, market risks are always present, and investors must set stop-loss orders and strictly implement risk management strategies when trading. Remember, investing requires caution, and it's equally important to reasonably control the position size.

Overall, the current ETH market shows signs of a potential rebound after a decline. However, whether to go long or remain on the sidelines, investors need to closely monitor market changes and adjust their strategies in a timely manner.