1. Core bulls and bears dividing line

In the evening, focus on the key price level of 2565 for Ethereum. If the 4-hour closing price can effectively hold above this position, even if there is a minor pullback at a smaller level, it still has upward potential; conversely, if the 4-hour level falls below 2564, the market will enter a correction mode.

2. Distribution of upward resistance levels

After the price successfully stabilizes above 2565, attention should be focused on the three major resistance levels:

1. First resistance level: Around 2643, this may trigger intense short-term competition between bulls and bears.

2. Second resistance level: Around 2690, expected to form a strong resistance band.

3. Third resistance level: Around 2737, if this level is broken, it is expected to open up a new round of upward space.

3. Analysis of downward support levels

If the 4-hour closing price falls below 2564, the market is highly likely to enter a correction phase:

- First support level: The 2500 mark, the loss or gain of this position will determine the depth of the short-term pullback.

- Secondary support: Around 2423, which may become the short-term target for bears.

- Strong support level: Around 2361, if this position is broken, bear strength will further be released.

4. Trading strategy recommendations

(1) Long position strategy

1. Entry timing: If the 4-hour K-line effectively closes above 2565, a light long position can be laid out; if the price pulls back and stabilizes at 2565 - 2570, additional positions can be added.

2. Stop-loss setting: Set below 2560, for example, 2555 - 2558, to control risk.

3. Take profit target: Take profit in stages, looking sequentially at 2643, 2690, 2737, and gradually taking profit based on market strength.

(2) Short position strategy

1. Entry timing: If the 4-hour K-line closes below 2564, an attempt to short can be made; if it rebounds to 2568 - 2572 and meets resistance, additional short positions can be added.

2. Stop-loss setting: Place above 2568, for example, 2575 - 2578, to guard against market reversal.

3. Take profit target: First look at 2500, if this level is broken, further look towards 2423, 2361.

5. Summary

The key to Ethereum's night performance lies in the breakout situation at the 2565 point. If this level is firmly held, long opportunities can be seized, with attention to taking profit at upper resistance levels; if it breaks down, short positions should be laid out in line with the trend, closely monitoring changes in lower support levels. It is essential to strictly execute stop-loss orders during trading, reasonably control positions, and adjust strategies flexibly based on real-time market conditions, making cautious decisions.$ETH #ETH走势分析