ETH's deep squat is here! After breaking below the 4630 level, it quickly dropped. This morning, the decline hit the 4300 spot POC range. You can clearly see with the naked eye that ETH's rebound is still very strong. This daily chart looks so ugly. Once the market reaches a round number level, there will be very strong resistance, especially after breaking a new high and continuously surging. When buying pressure can't cover selling pressure, the market will drop, clearing out the market while taking down users chasing the rally. There are so many bull traps—stay alert and learn to distinguish them...