I. Core judgment of short-term trend

The key turning point in the Ethereum market trend at night focuses on the price level of 2462. The closing situation of the 4-hour candlestick at this price level will be the core basis for judging whether a short-term rebound can be initiated.

Bullish rebound signal

If the 4-hour candlestick can effectively stabilize above 2462, and the subsequent two consecutive 4-hour periods close above this price level, it means that the 4-hour level retracement is over, bulls begin to dominate the market, and a new round of rebound is expected to start, with prices likely to gradually test upward pressure levels.

Bearish pressure signal

On the contrary, if the Ethereum price cannot remain above 2462 at the 4-hour level, it indicates insufficient short-term rebound momentum, with bears still firmly holding market control, and the market is likely to continue its downward trend, entering a new round of retracement phase.

II. Distribution of key levels and strategic reference

(1) Upward pressure level

1. First resistance level: 2495

- Technical characteristics: This position is the upper edge of the recent price fluctuation range, gathering a large number of trapped orders and profit-taking orders. When the Ethereum price rises to this point, dual selling pressure will directly hinder the short-term rise, becoming the primary barrier that bulls need to break through.

2. Medium-term pressure level: 2534

- Technical characteristics: Located in the overlapping area of key moving average resistance and important Fibonacci resistance levels, it creates strong pressure on price upward movement. To achieve effective breakthrough, not only sufficient buying funds are needed, but also the overall bullish sentiment in the market.

3. Trend breakout level: 2582

- Technical characteristics: Once the Ethereum price successfully stabilizes at this level, it will confirm its entry into a new upward channel, and the subsequent upward space is expected to be significantly opened, indicating that a new round of strong rising momentum is about to arrive.

(2) Downward support level

If the 4-hour level cannot stabilize above 2462, it is expected to trigger a new round of retracement, with the following support levels in order:

1. Primary support level: 2390

- Technical characteristics: Formed by the dense intersection of short-term moving averages, this level is also an important psychological defense line tested multiple times in the past, which can buffer the impact of bearish pressure to some extent.

2. Secondary support level: 2350

- Technical characteristics: As a strong support level established by previous price lows, if this level is lost, market panic may spread rapidly, triggering larger-scale selling, leading to accelerated downward price movement.

3. Strong support level: 2315

- Technical characteristics: This level is located in the support area where multiple moving averages converge, and is a key strategic position for both bulls and bears. Its gain or loss directly affects the subsequent medium to long-term trend. Once it falls below, it may trigger a deep retracement.

III. Summary

The core of Ethereum's trend at night lies in the long-short game at the key level of 2462. If the price can effectively stabilize above this level, bulls are expected to challenge the resistance in the range of 2495 - 2582; if it cannot stabilize, be cautious of the risk of the price retracing to the 2390 - 2315 area, with volatility being intense and full of uncertainty. It is recommended to closely monitor the changes in the 4-hour candlestick patterns, strictly implement stop-loss and take-profit strategies, and manage positions reasonably.$ETH #ETH走势分析