1. Watershed key point: 2520 serves as the watershed for Ethereum's bullish and bearish positions. The closing price at the 4-hour level is the core basis for judging market direction. If it effectively stands above this price level, bullish momentum is expected to continue; conversely, bears may dominate the market rhythm.
2. Support point and lower support
- First support level: 2472. If the market is pressured downward, this point will first bear the selling pressure and become a key line for a short-term rebound.
- Second support level: 2435. If 2472 is breached, this level will serve as secondary support to withstand further downside pressure from bears.
- Lower support level: 2381, a strong support level in extreme market conditions. If this level is breached, be cautious of a larger pullback risk.
3. Long order strategy
- When the 4-hour candlestick closes effectively above 2520, a small position for long orders can be laid out, with a stop loss set below 2505. The target levels are sequentially 2575 and 2632; if 2632 is broken, it can further challenge the resistance level of 2675.
4. Short order strategy
- If the 4-hour closing price fails to stay above 2520, it is recommended to attempt short positions, with a stop loss set above 2535. The initial target is the 2472 support level; if this support is effectively broken, the target can be shifted down to 2435 or even 2381.
5. Summary: 2520 is the key turning point for Ethereum's nighttime market. The forces of bulls and bears will engage in fierce competition here. Everyone should closely monitor the 4-hour closing situation, strictly implement stop-loss and take-profit disciplines, flexibly adjust positions near support and resistance levels, while also paying attention to market correlations and sudden news to avoid potential risks and seize trading opportunities. $ETH #ETH突破2500 #ETH走势分析
