$ETH

Hello brothers, good evening. Today's Ethereum analysis on the four-hour chart shows that short-term bullish momentum is relatively strong. You might consider making a short-term buy around the pullback to $4250.

The take profit level can be set between $4350 and $4400, with the stop loss below $4100. The overall market risk is currently high, so it's essential to closely monitor whether we can effectively break through the resistance level at $4380. If there is no breakthrough, it may trigger a pullback.

If we break through the $4380 resistance level, it is very likely to rebound towards $4500. The key support level is at $4200. If it fails to hold, it may drop to $3900. In the short term, the price is expected to fluctuate between $4200 and $4600, with special attention needed on the breakout situation at the $4380 resistance level.

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