Last night, the Ethereum (ETH) market experienced an unexpected turn. Despite previous widespread expectations that the coin price might fall below the key support level of 4270 USD, the actual situation was that the ETH price showed strong upward momentum, once rising to around 4320 USD.



This rebound trend has attracted widespread attention from market participants. Although the support level around $4270 remains strong for now, a certain market analyst insists that this key level will eventually be broken. He pointed out that once the breakout occurs, the fall in coin price could create considerable profit opportunities.

Based on the current market trend, the analyst suggests that investors consider short-term operations in the range of $4320-$4300. He also reminds that a stop-loss level should be set around $4340, while the downward target price can be locked in near $4220.

However, it is important to emphasize that the cryptocurrency market is inherently volatile, and investors should fully assess risks and conduct comprehensive market research before making any decisions. In addition, changes in market sentiment and macroeconomic factors can also have a significant impact on ETH prices, so it is crucial to remain vigilant and flexible in strategy adjustments.
ETH3.13%
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UnluckyValidatorvip
· 13h ago
In front of the market, I'm not pretending anymore, I'm just a sucker.
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GateUser-ccc36bc5vip
· 13h ago
eth got it under control, huh
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GateUser-0717ab66vip
· 13h ago
With this trend, just wait for the pump.
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CryptoNomicsvip
· 13h ago
statistically speaking, this "analysis" lacks fundamental understanding of stochastic price movements. *yawn*
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MevTearsvip
· 13h ago
The extravagant Rebound is just the suckers being Tied Up.
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ZenChainWalkervip
· 13h ago
It's already risen, why say so much?
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