#ETH# The market trend in the past two days can be judged as a rebound based on the daily chart volume, because a real pump must be a consensus in the market, resulting in a large following volume. However, this point cannot be seen from the daily chart, which is also why I did not go long when it rose. I just didn't know how far it would rebound. The expected position at most was at the Fibonacci retracement level of 0.5, which is 3650, but unexpectedly it went directly to the range of 0.618-0.666 before falling. Later, I found out that the market had given the answer. The highest point that the rebound might reach is actually in the range where the daily chart hits the neck line at 3940, near 3755 and the peak level where it fell at 3723. This wave of market movement has been a four-hour rebound. As of yesterday, the four-hour closing has not stood above the MA5 position, so this wave of rebound is over. The trend is still bearish, so the smaller level of sideways movement will only produce a small level of rebound at most. The final result, as long as it is not a four-hour sideways movement, will still have to go down. Where the final endpoint is currently remains unknown, and it is not advisable to engage in bottom-fishing behavior.