The current rebound strength of #ETH ETH is relatively weak. Today, focus on the key position of 1590.60:

• Bullish if it holds: If it continues to stay above 1590.60, the market is expected to test upwards, with target levels at 1600.10, 1611.40, and around 1623.16;

• Bearish if it breaks: If it retraces and breaks below 1590.60 (the 4-hour bullish-bearish dividing line), it may initiate a downward movement, with support levels at around 1580.65, 1570.25, and 1561.21.

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