ETH 4.25 Intraday Market Analysis | 1770 Key for Bulls and Bears, Focus on Breakthrough Direction!

Core Viewpoint:

Ethereum's key focus today is on 1770! If it cannot stabilize at this level on the 4-hour chart, a short-term correction may continue, with support below at 1742-1714-1690-1666; conversely, if it breaks through and stabilizes at 1770, the correction ends, and the upward targets look at 1805-1837-1866.

Key Logic:

1. 1770 is the dividing line between bulls and bears today:

- If the 4-hour closing price stabilizes above 1770, it indicates the end of the correction and a return to an upward trend, allowing for higher targets.

- If it remains under pressure at 1770, the risk of a short-term correction increases, and caution is needed for downward testing of support.

2. Support and resistance are clear:

- Support area: 1742 (short-term buffer) → 1714 (key defense) → 1690-1666 (strong support zone).

- Resistance area: 1805 (first resistance) → 1837 (previous high test) → 1866 (key for trend continuation).

Operational Suggestions:

- Conservative: Wait for confirmation of stabilization above 1770 before entering the market; after a breakout, if the pullback does not break, consider a small long position; if it breaks below 1742, then observe or short.

- Aggressive: Near 1770, consider a small position to test the breakout, with strict stop-loss (below 1755), targeting above 1805.

Reminder: The current market is highly volatile, pay attention to position management, and monitor the 4-hour closing patterns and volume coordination!

#ETH Trend Analysis #Ethereum Market #Trading Strategy