The Ether bull-bear watershed is 4181, currently suppressed at the daily chart level, with support at 4000. If 4000 can hold (due to news of interest rate cuts), the 4365 level is a strong resistance on the daily chart. If the 4000 level holds as an entity, it may reach 4365.

The strong resistance at the 4-hour level is 4235, and the rebound is basically about done. If it goes further down from here, it will hit 4000, which means a range of oscillation between 4235 and 4000. If it can stay suppressed in the short term, it will likely drop to 3900, 3700, and ultimately it will have to reach 3500, 3400. The focus should be on short positions; absolutely do not try to catch the bottom!
I estimate that the 3400 position will still be broken in the future, and it may go down to around 3000 or 2900. I am not optimistic about the 3400 position; at most, it will rebound a bit after coming down and then continue to test lower levels. This wave is basically coming to an end.