ETH is currently trading between 4200 and 4300, but that doesn't mean it can't fall. It's simply market makers playing with your mindset. The 12-hour MACD death cross is still lingering in mid-air, marking the final leg of a daily correction. If the weekly chart represents the CEO, the daily chart the manager, and the 12-hour chart the head of marketing, a strong rebound after it reaches zero will essentially end the daily correction. Thus, from Thursday to Friday, there's a high probability that ETH will accelerate its decline to support near the yellow line, the 30-day moving average (3974), before quickly rallying back above 4300. Below 4072, you can maintain a small position in batches. Only after an accelerated spike can a surge occur. Next, we'll see how strong bullish resistance is at the 4,000 mark. If it breaks through 4444 in one go, turn long. If it rebounds below 4380, go short. Of course, a direct rebound above 4444 tonight or tomorrow would be a welcome development. However, this is highly unlikely. The news will be released on Thursday and Friday. US stocks have been falling for several days. Powell's speech on Friday should theoretically provide some relief. Many are predicting a drop to 3,000 or 2,000, but this is highly subjective. Just listen to it; it's not very valuable for short-term trading.