Currently, Ethereum is in a small downward trend. Although the price recently touched the resistance line, it failed to break through successfully, indicating significant selling pressure above. Therefore, we can expect a wave of downward movement, and it is very likely that there will be an accelerated decline.

The expected low point of the fall may be around 4200, which is also close to the new low area in the short term. Investors need to closely monitor this price point. If the price finds support here and does not break below, there may be an opportunity for a rebound, and it may be worth considering establishing long positions at this level.

However, before making any investment decisions, it is essential to conduct a comprehensive analysis of the market situation, consider various influencing factors, and act cautiously based on your risk tolerance. The cryptocurrency market is volatile, and investors should always remain vigilant and manage risks effectively.