@urushi
There are some different settings for gaming consoles depending on whether they are being used on dedicated console/gaming monitors or whether used on televisions. (gaming modes).
If you are getting a washed out look with the ps4, try changing the RGB settings on the PS4 itself. Normally, using PS4 on a television, this setting apparently should be set to Limited. Others have found they need to switch it to Full. (Depends on the TV which is best).
Try messing with the various settings under Video Output Settings on the PS4. ( Home > Settings > Sound and Screen > Video Output Settings > RGB Range)
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I recently had to do this while setting up a family member's PS4 and simply toggling the RGB options solved issue. (https://www.howtogeek.com/295569/should-i-use-rgb-limited-or-rgb-full-on-my-playstation-or-xbox/). Switching to Limited from Automatic cleared up and added color to the distorted pale picture.
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