①Will ETH rebound? If it breaks through 【4040-4090】, there is hope for a rebound. Otherwise, it will drop more than BTC. Therefore, the biggest resistance level for ETH is 【4040-4090】.

②Where can I enter the market? Look for opportunities between 【3845-3905】; theoretically, the first support area should not be broken. If this area fails, ETH will be in big trouble. So this area is also an important defense zone.

③Can I short at the current price? It's uncertain. If you plan to short, it might be better to wait until the price touches 4040 before seeking an opportunity. Or if you just want to short, at least wait for the price to come near 4005.