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Currently, the crypto assets market is experiencing fluctuations, with Ethereum's performance slightly stronger than Bitcoin, and it is in a rebound phase. However, market participants need to closely follow the important resistance level near $4380.
From the technical analysis on the four-hour level, Ethereum is still in a downward fluctuation trend. If the price encounters strong resistance near $4380, it may trigger a new round of rebound. In this case, investors may need to consider a reduction strategy.
The next key support range may be between $4200 and $4070. If the $4070 support level is broken, the market may further dip towards around $3900.
It is worth noting that market sentiment seems to be turning cautious, which may signal a larger adjustment is on the horizon. In this uncertain market environment, investors should remain vigilant, manage risks effectively, and closely follow market trends.