Conclusion: ETH continues to fall, focus on 4180 support.

[Price Trend Analysis]
K-line pattern:
On the 1-hour level, a series of bearish candlesticks has broken below the key level of 4300, forming a short-term downtrend. The latest candlestick's lower shadow touched 4310 before rebounding, indicating that there is buying support at the integer level.
On the daily chart, the long upper shadow bullish candle on August 17 (4576→4472), combined with the next day's large bearish candle, confirms the top pressure, forming a dark cloud cover pattern.
Technical Indicators:
MACD: The 1-hour level DIF crosses below the zero axis (-26.69), the double line opening expands, and the daily MACD red column shrinks to 0.3, indicating a depletion of bullish momentum.
RSI: The 1-hour RSI ( fell to 29, entering the oversold zone, while the daily RSI has retreated from a high of 70 but is still in the neutral zone at 60, without forming a bottom divergence.
EMA: The price has continuously fallen below the 1-hour EMA7/30/120 three moving averages )4397/4459/4465(, the daily EMA70 01928374656565748392014392) has been breached but has not touched EMA30(3952).
Trading Volume:
During the period of sharp fall (e.g., 10:00 with a transaction volume of 97k), there was a significant increase in volume, while in the rebound phase at 11:00, the volume decreased to 18k, and the selling pressure has not been fully digested.
Recently, a huge volume appeared on August 15 at (880k) and on the 16th at (358k). The current trading volume of 204k is below the average, lacking directional breakout momentum. (