Under the guidance of macro optimism, the market's risk appetite has increased, and #ETH has successfully broken through to the next "critical point". The position mentioned yesterday was around 3970, currently with a 30-point deviation, the price broke through this year's new high and then retreated again. It is important to note whether the current pullback falls below the 3860 level. If it breaks below, the pullback strength will increase, and the 4-hour pullback may extend to the daily level, in which case we need to refer to the support around 3740. If it does not break below, the hourly pullback will be strong, and after the hourly level retracement, it will continue to test new highs! If it continues to rise, the next focus will be around 4100.