Analysis of the key watershed and support/resistance levels in the Ethereum market

- Watershed position: 2635 (must rebound and stabilize above this position for at least 1 hour; smaller rebounds only have validity if this condition is met).

- Upper resistance levels: 2673-2705-2735 (in order, these are short-term, medium-term, and strong resistance ranges).

- Lower support levels:

- If the rebound is weak (unable to hold above 2635), look for support levels at 2595-2556-2508 (in order, these are weak support, strong support, and extreme support).

Summary

Today's Ethereum market is at 2635, a key watershed: if it stabilizes, focus on the opportunity to break through the upper resistance level; if it can't hold, be alert to the risk of testing the lower support level. It is recommended to judge the short-term trend based on the gains and losses at the watershed and strictly control risks.$ETH #ETH走势分析