This early morning, the Ethereum market has shown remarkable changes. Through an in-depth analysis of the 4-hour Candlestick Chart, we have identified some positive signals emerging, which may indicate that the recent downtrend will ease, and there might even be a turning point.

Market observers point out that if the upcoming Candlestick can continue to show a bullish pattern and the price gradually stabilizes at key levels, then the establishment of a bottom formation will become clearer. This undoubtedly lays the foundation for the arrival of a bullish market.

However, investors should remain cautious. Despite the positive signals, there is still uncertainty in the market. It is recommended to pay attention to the trend in the range of 3660 to 3690, as this may present a potential entry opportunity. If this range is breached, the next point of concern will be the resistance level around 3790 to 3850.

It is worth noting that if Ethereum can break through the $3700 mark, it may further boost market confidence and drive prices to higher levels. Of course, all of this needs to be considered in conjunction with other market factors.

Overall, the current Ethereum market seems to be at a critical turning point. Investors should closely monitor the subsequent trends, manage risks effectively, and seize potential opportunities. However, any investment decision should be based on thorough research and individual risk tolerance.