Recently, the 4-hour chart of Ethereum (ETH) has shown some noteworthy features. From a technical perspective, we can observe three distinct rebound points, with the intensity of these rebounds gradually weakening, suggesting that the buying pressure in the market is waning.

At the same time, the price trend is closely related to the upper Bollinger Band line. Previously, the ETH price was rising along the upper Bollinger Band line, but now the situation seems to be reversing. Combining these two factors, we can speculate that ETH may slowly decline along the lower Bollinger Band line next.

This market trend aligns with the ancient wisdom of 'the reversal is the movement of the Dao, the weak is the use of the Dao.' When retail investors are too fearful to enter the market, it often indicates that the market is about to hit the bottom. If ETH continues to decline slightly, we may hear some pessimists proclaim that the bull market is over. However, this could very well be a signal that the market is about to rebound.

Of course, the market is ever-changing, and investors should treat any predictions with caution and make decisions based on their own risk tolerance. This is just an interpretation based on current market data and should not be considered investment advice.