Recently, the Ethereum market has shown a thought-provoking trend. On the surface, it appears to be stabilizing at a bottom, but in reality, it might be a clever market trap, waiting for new buying power to enter before a large-scale dumping.

From a technical perspective, the MACD indicator showed a misleading golden cross signal yesterday. The white line just broke through and quickly fell back, which is usually interpreted as a strategy to induce bulls to enter the market. More concerning is that trading volume shrank to a low of 27,000 coins; such low trading activity often indicates that prices may face further downside risks.

Current market patterns indicate that if the support level at $4190 is broken, the next key price level will drop directly to the $4000 threshold. In the absence of volume support for the rebound, this may be the last opportunity for investors to reduce their positions.

For investors with different risk preferences, the following strategies can be considered:
1. Aggressive investors can establish short positions above $4350.
2. Conservative investors may choose to place short positions around 4380 USD.
3. The short-term target price can be set at $4230.

Regardless of the strategy adopted, investors must remain highly vigilant in the current market environment, closely monitor market changes, and promptly adjust investment decisions. The high volatility of the cryptocurrency market requires participants to possess keen market insight and flexible risk management capabilities.