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Ethereum (ETH) is currently trading around $4,615, with the market closely watching its subsequent movements. Analysis shows that if ETH can break through the $4,750 level, it is expected to continue upward to the $4,900-$5,100 range. However, if it fails to break through, it may pull back to around $4,500.
The current ETH trading price is $4,647.85, with a 24-hour increase of 0.34%. The short-term support level is at $4,550, and the resistance level is at $4,750.
For trading strategies, investors may consider the following points:
1. Buy in the support range of $4,550-$4,615, with a stop loss set at $4,480.
2. If it breaks 4,750 USD, you can go long, with target price levels of 4,900-5,100 USD.
3. Short-term traders can buy low and sell high within the range, while long-term investors may choose to gradually accumulate positions.
Market participants should closely follow price trends and develop appropriate trading strategies based on their own risk tolerance and investment goals. Whether short-term or long-term investors, caution is essential, and proper risk management should be in place.