Ethereum's 4-hour K-line shows continuous wicks, MACD golden cross, and the 1-hour K-line forms a head and shoulders bottom pattern while also showing a bottom divergence. Technical indicators and price action suggest strong upward demand, but the short-term price is near the key resistance level of $1580, with multiple failed breakouts. Overall, it is significantly affected by external factors, and a short-term trading volume of over $10 must be released to be considered a valid breakout; otherwise, it is still regarded as a pullback within a downtrend. Currently, the price remains within a large-scale downtrend channel. Be cautious about going long near resistance levels. In a bear market, be cautious when trading breakouts. #美光市值超越Meta跻身全美前十