Ethereum review from yesterday

Yesterday during the day, Ether showed a rebound after hitting a bottom, breaking through the middle Bollinger Band and attempting to stabilize at the middle band before continuing upwards. After pulling up from the morning low of 4550 to 4620, it oscillated back and forth in the range of 4620--4570. The market started to rise after the U.S. stock market opened in the evening, reaching a peak of 4661 with strong bullish momentum. However, after the U.S. stock market closed, it was affected by Nvidia's earnings report and dropped all the way down to 4470, with a daily fluctuation of 332 points and a liquidation of 270 million within 24 hours.
Technical Analysis
From the 4-hour chart, we are currently experiencing a rebound after breaking through the middle line of the Bollinger Bands. The three lines of the Bollinger Bands, after pointing downwards, are now showing a convergence state. The market is expected to enter a consolidation phase, with the three lines of the Bollinger Bands corresponding to prices 4345--4553--4762. The bearish volume is starting to weaken, and there is an upward attempt to test the middle line of the Bollinger Bands.
The 4-hour chart MA indicator currently shows a dead cross of the short-term moving averages. The short-term moving average on the hourly chart is declining, but the bearish volume is starting to weaken. At this time, the market is operating below the short-term and mid-term moving averages, and there will be a period of fluctuating market testing above the short-term moving average.
The MACD indicator on the hourly chart is above the 0 axis, showing a dead cross. The fast line that pierced the 0 axis line has a trend of turning downwards, and the bearish volume is starting to weaken. On the 4-hour chart, there is a dead cross moving downwards, but the fast line is still below the 0 axis, indicating bearish sentiment.
After the death cross of the RSI indicator enters the normal trading phase in the oversold stage, the corresponding values are 50--62, indicating market fluctuations.
Conclusion: Fluctuating upward after a downward pullback
Pressure: 4550, 4620, 4680
Support: 4450, 4430, 4340
High-altitude strategy: establish a short position near 4550, add position at 4680, stop loss if it breaks and stabilizes above 4700.
First take profit: 4470
Second take profit: 4350
Long strategy: Establish a long position near 4450, add position at 4350, stop loss if it falls and stays below 4300.
First Take Profit: 4550
Second take profit: 4620
After last night's decline, the bears currently lack sufficient volume, and a trend reversal may occur during the day, mainly focusing on long positions, but stop-loss should be set below 4300.