Ethereum has recently experienced a significant fall, attracting widespread attention from investors. From the perspective of market Trading Volume, this decline is not solely caused by news but may be a technical adjustment driven by news. Although the ETH price had previously approached the historical high of $4800, the market now seems to have reached a temporary peak.

In this case, investors are advised not to rush in to catch the bottom. Instead, we can patiently wait and follow two key price levels: $4370 (the resistance turned support level on the 4-hour chart) and $4100 (the resistance turned support level on the weekly chart). Among them, $4100 is particularly important. If ETH can stabilize at this level, it may indicate that the bull market will continue; however, if it falls below this key support, it could signal a deeper correction.

It is worth noting that the cryptocurrency market is highly volatile, and investors should act cautiously and manage risks effectively. Before making any investment decisions, it is advisable to conduct in-depth research on market dynamics, follow macroeconomic conditions, and consider industry development trends while taking various factors into account. At the same time, it is important to remain rational and not let short-term market sentiment sway judgment.