Recently, the Ethereum market has shown a complex trend. After breaking through new highs, the price has experienced significant pullback pressure. Currently, the market pattern is gradually weakening, and the momentum for rise recovery is insufficient, making it difficult to sustain breakthroughs in the upward channel.

From a technical perspective, traders may need to pay attention to short opportunities in the 4400-4430 range. Meanwhile, the support level may be in the 4330-4280 range. This high-level oscillation reflects the cautious attitude of market participants towards the current price level.

It is worth noting that although other tokens in the Ethereum ecosystem are generally rising, the trends of mainstream cryptocurrencies need to be treated with more caution. The market seems to be digesting various macro factors, including employment data and expectations of monetary policy.

For investors, it is very important to remain vigilant in the current market environment. When making trading decisions, it is necessary to consider various factors such as technical aspects, fundamentals, and market sentiment. Additionally, closely monitoring new developments from major trading platforms like Binance may also bring short-term impacts to the market.

Overall, the Ethereum market is at a critical turning point. Investors should remain calm and patiently wait for clearer market signals to emerge.