This Monday, the Ethereum market showed clear bearish signals. Technical Analysis indicates that the MACD indicator has formed a typical short position pattern: the fast line crosses down from a high position to the slow line, creating a death cross, while the histogram turns from positive to negative. This combination signal suggests that short-term bearish forces are dominating the market trend, and this downward momentum seems to be continuously strengthening.

From a trading strategy perspective, investors may need to remain cautious in the current market environment. If the Ethereum price reaches the range of 4530 to 4570, it may face significant selling pressure. If this pressure is confirmed, the next support levels may appear around 4400, 4300, or even 4200.

However, we also need to be aware that the high volatility of the cryptocurrency market means that situations can change rapidly. Investors should consider other technical indicators, fundamental analysis, and overall market sentiment when making any trading decisions. At the same time, a reasonable risk management strategy is crucial for protecting assets in such an uncertain market environment.

Despite the short-term downward pressure the market may face, Ethereum, as the leader of smart contract platforms, still holds fundamental value worth paying attention to in the long run. This market volatility may provide potential entry opportunities for investors who believe in Ethereum's long-term development prospects. Regardless, thorough research and a cautious attitude are indispensable before making any investment decisions.