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The Ethereum market is currently undergoing a short-term adjustment, and investors should closely follow the 1-2 hour level trends. $4310 has become a key observation point, which has a decisive impact on the subsequent market direction.
If the price can stabilize above $4310, it indicates that the adjustment is nearing its end, and the market is expected to continue rising. In this case, investors should be cautious of potential resistance around $4385, $4467, and $4521.
However, if Ethereum fails to break through the 4310 USD level, it may indicate insufficient upward momentum, and the market may decline again. At this time, support levels around 4240, 4160, and 4110 USD are worth paying attention to.
This analytical framework provides clear operational ideas for short-term traders. By observing key price level breakthroughs and support conditions, investors can more accurately assess market trends and formulate corresponding trading strategies.
It is worth noting that the cryptocurrency market is highly volatile, and investors should combine other technical indicators and fundamental factors when making decisions to comprehensively assess risks. Maintaining calm and rationality, and strictly implementing risk management strategies, is crucial for achieving success in this highly volatile market.