Let's take a look at the latest trend of Ethereum.

**Daily Chart Perspective**: Ethereum initially broke out of the wedge pattern upwards but was immediately suppressed by the daily EMA200 moving average. After being suppressed, the price pulled back and re-entered the wedge. In simple terms, the previous upward breakout was a false breakout designed to liquidate shorts, similar to the pattern discussed earlier. Now that the price has returned inside the wedge, it means either testing the lower boundary of the wedge (around 3100), or directly breaking below the lower boundary to establish a new downward trend — this probability has indeed increased.

**Four-Hour Dimension**: The four-hour candlestick has already broken below the inside of the wedge and tried testing the upper boundary of the wedge. After a pullback, resistance was confirmed here. But note one detail — the four-hour MACD shows a bullish pattern, while the daily MACD is bearish. This involves the gradual digestion of MACD signals. We need to wait until the bullish momentum on the four-hour chart is gradually absorbed (turning into positive bars), so that the daily decline can proceed more smoothly.

**Trading Strategy**: Currently, the price position indeed meets the conditions for adding to positions, but since the four-hour MACD still shows a bullish pattern, do not add to positions impulsively. If you hold short positions, keep them well. Let the MACD on the four-hour chart digest itself. Once the lower boundary at 3100 is broken with a solid candle and remains below 3100, continuing to move lower, then the downtrend is truly confirmed — that would be the best time to add to positions.

By the way, someone asked where SUI might go. If Ethereum really breaks below 3100, SUI could reach around 1.3, which is just a few candlesticks away.