Recently, the market trend of Ethereum (ETH) has attracted attention. From a technical perspective, the ETH price shows a clear downward trend on the four-hour chart. Although the MA169 and other moving averages provided temporary support, the upper MA144 moving average has formed strong resistance. The MACD indicator shows that the DIF and DEA lines are intertwined below the zero axis, and although the green histogram has briefly contracted, the likelihood of it expanding again is very high, which means that ETH may continue to seek a bottom in oscillation in the short term.

Based on the current market conditions, investors should maintain a cautious attitude. Market analysts predict that ETH may encounter resistance in the range of 4410 to 4440, while the support levels may be around 4340 and 4260. However, considering the high uncertainty in the market, investors should strictly implement risk management strategies and set reasonable stop-loss positions.

It is worth noting that the cryptocurrency market is influenced by various factors, including but not limited to the macroeconomic environment, changes in regulatory policies, and industry development dynamics. Therefore, in addition to following technical indicators, investors should also closely monitor relevant news and changes in market sentiment to make more informed investment decisions.

Overall, although ETH may face downward pressure in the short term, long-term investors might view this pullback as a potential buying opportunity. However, before making any investment decisions, it is advised that investors conduct thorough research and analysis, and develop corresponding investment strategies based on their own risk tolerance.