ETH Four-Hour Analysis

Technical Analysis

1. K-Line Structure

ETH/USDT rebounded after finding support at the 4060 level and is currently operating near the middle band of the Bollinger Bands (4280–4310 area).

The previous high of 4788 remains a strong medium-term resistance, while in the short term, it needs to break through the 4400–4450 level to open up upward space.

2. Indicator Observation

Bollinger Bands: The middle band at 4281 has been effectively stabilized, with a short-term inclination to attack the upper band at 4515.

MACD: The fast and slow lines are about to golden cross, and the red bars are beginning to expand, showing an increase in bullish momentum.

Trading Volume: The rebound volume is gradually increasing, indicating that bottom-fishing funds are gradually entering the market.

3. Key Support/Resistance Levels

Support: 4260–4280 (middle band support), 4060 (previous low key level)

Resistance: 4400, 4450 (short-term resistance), 4515 (Bollinger upper band), 4780 (previous high)

Impact of News

Recently, the market's expectations for interest rate cuts have intensified, US Treasury yields are declining, and funds are showing a preference for risk assets, which is favorable for the rebound of ETH and other crypto assets.

Although there have been fluctuations in net fund inflows into the Ethereum ecosystem recently (the chart shows net inflows as negative), it has generally maintained resilience, coupled with active DeFi and L2 sectors, supporting price recovery.

Operational Suggestions and Levels

Short-Term Strategy:

Buy on dips in the 4260–4280 range, with a stop loss below 4220; target 4400–4450, and if strong, aim for 4515.

Medium-Term Strategy:

If it stabilizes above 4515, it is likely to challenge the previous highs of 4700–4780; if it falls below 4060, caution is advised, as it may retest 3900–3950.

Summary: Short-term bulls are dominant, leaning towards buying on dips, with attention on 4260–4280 support → 4400–4450 resistance → 4515 breakout opportunity.