Today's Ethereum market analysis:
The critical watershed level at the 4-hour level is 2590, with the long and short strategies explained as follows:
- Holding above 2590:
A short-term pullback is a normal correction; after a minor retracement (e.g., 2595-2580), the upward trend may continue. Pay attention to the layered pressure points above:
- 2648 (first pressure point of the day);
- 2673 (4-hour level previous high resistance);
- 2705 (daily level key resistance band).
Breaking above 2705 can target the round number of 2750.
- Breaking below 2590:
The 4-hour level rebound structure is invalidated, and the market shifts to a pullback, with layered defensive support below:
- 2561 (first support of the day);
- 2522 (4-hour Bollinger Bands lower track support);
- 2474 (daily level strong support zone).
If 2474 is lost, the pullback space may extend to around 2400.
Summary: 2590 is the short-term threshold for bullish and bearish strength. Holding above indicates bullish dominance, while breaking below triggers a pullback. It is recommended to use this level as an anchor in operations; if it retraces without breaking, consider a light long position (target 2648); if it breaks, follow the trend and look bearish (target 2561). Be sure to set stop losses (30-50 points above and below the watershed level), and adjust positions flexibly based on candlestick patterns and trading volume.$ETH #ETH走势分析 
