Attention Ethereum enthusiasts, the recent 4-hour chart movement is worth noting. Currently, there is a clear overbought condition, and funds are also flowing out, indicating that there are quite a few profit-taking sell-offs above. The short-term correction pressure is indeed significant.

From a technical perspective, the previous high point and the upper band of the Bollinger Bands have been pressing down on the price, and now the resistance at these two levels has become even stronger. My suggestion is to lightly short in the range of 3280 to 3260, with a stop loss set at 3300, so the risk is manageable. If you also have a bearish outlook, consider this approach.