#ETH $ETH ETH accurate analysis of the day's market

ETH's market trend today is somewhat complex. From the time frame, the 1-hour level shows that the bulls are dominant, but the 2/4-hour level clearly points to the bears. This situation of long and short interweaving requires us to pay special attention to the long and short watershed at the 4-hour level-3544.75, a key position.

If the market goes down, our primary observation target is the three support levels below: 3510.53, 3497.11 and 3483.09. These prices will be important reference points for testing the strength of the bears. Once they fall below, the market may further adjust downward.

However, the strength of the bulls cannot be ignored. If ETH can successfully stabilize and rebound, the upper target price will become our focus. We initially set three rebound targets: 3558.09, 3592.84 and 3625.16. These prices will be the touchstone of bullish power. If they can be effectively broken through, they may lead the market into a new round of rising cycle.

In such a market where long and short positions are intertwined, we must remain highly vigilant, keep an eye on the short-term, and capture the changes in long and short positions in real time. Only in this way can we accurately grasp each wave of market conditions and make wise investment decisions.

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