The market is converging quite strongly, with smaller fluctuations, multiple attempts to push higher and then retreat. Ethereum at 1700 points is difficult to break through effectively. The four-hour MACD is approaching the zero line at a key resistance level, and the price is touching near the MA60. Next week is highly likely to see a trend reversal. On the daily chart, it still shows a weak rebound in a downtrend, with no effective second retest. The bulls have not increased volume, and before volume expands, the strategy remains to short at high levels. This analysis is for medium to long-term reference on the daily chart. For short-term trading, check the precise subscription updates #MyGate trading moments.