Looking at Ethereum on the four-hour chart, the coin price has undergone continuous sideways consolidation, currently closing with a bearish belt hold and falling again below the middle band. The KDJ three lines have formed a death cross and are rapidly diverging downwards. The MACD long positions are continuously weakening with higher trade volumes. After the weekend's persistent pump, short positions have gradually taken the dominant position, so the market this week may initiate a significant rebound. In the short-term hourly chart, the coin price has quickly dropped below the lower band with a bearish line, and short positions are continuously strengthening. Currently, the Bollinger Bands are opening downwards and accelerating expansion, further opening up the downward channel for the coin price in the future. The bearish outlook remains unchanged, and the operation should maintain the strategy of shorting at the rebound high points.