1. Core Points and Trend Analysis
Today's core focus of the Ethereum market trend is concentrated on the key price level of 2515. The battle between bulls and bears at this point will become an important basis for judging the subsequent direction of the market, and the small level K-line pullback performance is crucial.
Bearish Dominance Pattern
If the price drops below 2515 during the small level pullback, it will mark the formal start of a 1-hour level correction, with bearish forces gaining the upper hand. Cautious market sentiment may spread quickly, intensifying the wait-and-see atmosphere among investors. The following support levels become critical defense lines:
- 2481 Primary Support: The short-term moving averages converge here, forming a buffer zone that can initially weaken the bears' downward pressure.
- 2441 Psychological Defense Line: This level has been tested multiple times during previous price fluctuations, carrying significant market psychological expectations. Once it is lost, panic sentiment may be triggered.
- 2414 Strategic Point: Multiple period moving averages converge here, making it a key position for intense competition between bulls and bears. If effectively broken by the bears, it may trigger a larger decline, further exacerbating market panic sentiment.
Bullish Continuation Signal
When the small level pulls back, the price remains firmly above 2515, and the subsequent period continues to maintain this level, indicating that the bulls firmly control the market initiative. The upward momentum is expected to continue to be released, and the confidence in going long will be boosted, attracting more funds to enter. In terms of upper pressure levels:
- 2557 is at the upper edge of the recent fluctuation range, gathering a large amount of profit-taking and trapped positions, becoming the primary resistance for the bulls to break through.
- 2587 coincides with a key Fibonacci resistance level, forming strong pressure on the price's upward movement. To achieve a breakthrough, strong buying funds and positive market sentiment need to be combined.
- 2618 coincides with an important moving average suppression zone. If this pressure level can be successfully broken, the price of Ethereum may open up a new upward space.
2. Summary
The gain or loss of this key price level of 2515 is the core of Ethereum's intraday trend. If the small level can effectively stabilize above this position, the bulls are expected to challenge the pressure in the range of 2557 - 2618; if it cannot stand firm, one must be cautious of the risk of price pulling back to the 2481 - 2414 region. The cryptocurrency market is influenced by multiple factors such as policies, macroeconomics, and capital flow, leading to intense volatility and uncertainty. It is recommended to closely monitor changes in small level K-line patterns, strictly implement stop-loss and take-profit strategies, and manage positions reasonably!$ETH #ETH走势分析 
