$ETH

Ethereum is currently rebounding, with the price being held at a one-hour support level of 4651. It attempted a rebound but did not break through, and is currently pulling back as everyone waits for the rebound.

If the closing price can stay above this level in one to two hours, those without long positions should prepare to enter the market. If it doesn't close above, it indicates that the rebound strength is weakening, and we can look towards 4600 and around 4565 for a potential second attempt to rise.

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$ETH