ETH has been fluctuating within the $4300-$4400 range over the past couple of days, moving within a 100-dollar channel. On the 4-hour chart, it’s still in a descending channel. If it doesn’t break above the $4456 level, it could drop to $4110. The strategy these past few days has been simple: sell high, buy low. Short around $4400, long around $4300. Trading within this 100-dollar range has been quite comfortable. However, based on the data, there’s consistently been buying activity around the $4300 level, whether from short-term or long-term users, indicating that this position is still seen as profitable. Currently, the pressure is on. ETH’s volatility is starting to narrow, and we could see a breakout as early as this week.