I. Core Watershed Positioning

2495 is the key watershed for Ethereum (ETH) night trading; the 4-hour closing price will become the core basis for judging the trend. If the candlestick body effectively holds above 2495, it indicates the end of the current 4-hour pullback, and bullish strength is expected to dominate the market, pushing the price into an upward trend; conversely, if the 4-hour closing price falls below 2495, it indicates the exhaustion of upward momentum, and the market will enter the 4-hour pullback phase.

II. Analysis of Key Support and Resistance Levels

Resistance Levels:

- 2575 is the primary resistance for short-term upward movement; if the price breaks this level, it will open up upward space;

- 2623 is a strong medium-term resistance level, testing the sustained offensive capability of bulls;

- 2675 as a key psychological level; once broken, may trigger a trending upward market.

Support Levels:

- 2420 is the first defense line for bearish pullbacks; if effective support is obtained, it can temporarily ease downward pressure;

- 2361 is an important support level; once broken, it will increase the risk of further corrections;

- 2315 as a strong support level under extreme market conditions; if broken, the market may enter a deep adjustment phase.

III. Long Position Trading Strategy

When the 4-hour candlestick closing price effectively stands above 2495, one can lightly position for long. Set the stop loss below 2470 to guard against false breakout risks. Target prices are as follows: first target is 2575, testing the first resistance; if successfully breaking 2575, then look towards 2623; if the price further breaks above 2623, it can challenge the 2675 resistance level.

IV. Short Selling Trading Strategy

If the 4-hour closing price falls below 2495, one can attempt to enter a short position. Set the stop loss above 2520 to avoid short-term rebound risks. Target prices are as follows: first target is 2420, testing the first support; if it breaks below 2420, then look towards 2361; in extreme conditions, one can further look to the 2315 support level.

V. Trading Summary and Risk Warning

2495 is the core observation point for night-time Ethereum trading; the 4-hour closing situation directly determines the direction of the bullish and bearish trend. Everyone must strictly follow key levels to formulate trading plans, and during execution, must set stop losses and take profits to avoid emotional trading. Caution should be exercised when trading near support and resistance levels, flexibly adjusting positions based on real-time market fluctuations, closely monitoring trading volume and other technical indicators changes, guarding against sudden market risks, and ensuring that trading risks are controllable.$ETH #ETH走势分析