Ether has faced pressure and retreated as expected after multiple tests of the middle band area of the Bollinger Bands. Currently, there are signs of correction after the price has broken below the 4200 support, but overall, the market remains in a downtrend on the four-hour chart. The technical indicator near the resistance level around the middle band of the Bollinger Bands is responding well, indicating that the short positions still dominate the market.

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