1. Key Watershed: 2500 is the core key level for ETH's intraday market, positioned in the horizontal area at the top of a minor rebound. Only if the price successfully stabilizes above this level in the 1-2 hour timeframe can it hope to open up upward space; if it continues to face pressure below 2500, it indicates weak bullish strength, and the market is likely to continue downward.

2. Support and Resistance Level Distribution

- Resistance Level: It is crucial to pay attention to three key resistance levels above, namely 2575, 2623, and 2675. Each time a resistance level is reached, it may trigger a price pullback or consolidation.

- Support Level: If the rebound is weak and fails to rise above 2500, the price will test the support strength of the previous low of 2407. If this level holds, it may trigger a minor rebound; once it breaks down, the subsequent support levels are 2361, 2315, and 2270, where bears may further probe for new support balance.

3. Long Position Strategy: When the 1-2 hour candlestick body effectively breaks through 2500, accompanied by a significant increase in trading volume, a small long position can be established. The stop-loss should be set below 2485 to prevent false breakout risks. Target price levels are sequentially 2575, 2623; if 2623 is successfully broken, the next resistance level to watch is 2675 to expand profit potential.

4. Short Position Strategy: If the price repeatedly faces pressure below 2500 and forms long upper shadows, engulfing patterns, and other bearish signals, a short position may be attempted. The stop-loss is set above 2520 to avoid losses from short-term fluctuations. The initial target is 2450, and if the key support at 2407 is broken, it may continue to look down to 2361 and even lower support levels.

5. Summary: As a critical point in the intraday battle between bulls and bears, 2500 directly influences the short-term trend direction of ETH. Everyone must closely monitor the breakthrough and stabilization of prices at this level in the 1-2 hour timeframe, combined with candlestick patterns, trading volume, and other technical indicators for comprehensive judgment. Strictly implement stop-loss and take-profit strategies in operations, remain cautious near key support and resistance levels, while paying attention to sudden market news and overall cryptocurrency market volatility, flexibly adjusting trading strategies to effectively control risks and respond to complex and changing market conditions.$ETH #ETH走势分析