ETH September 19 Market Analysis: Focus on Key Levels Amid Range Fluctuations

ETH has recently continued to fluctuate in the range of 4400-4700 USD. On September 19, attention should be paid to the following core levels:

Support Level: 4500-4550 USD (short-term defense level, the effectiveness of support determines the lower limit of intraday fluctuations); 4400 USD (strong support level, previously tested with a spike, is the key bottom of the range fluctuations).

Resistance Level: 4600 USD (market psychological level, a breakthrough may boost short-term bullish sentiment); 4700-4800 USD (upper resistance band of the range, if effectively broken, it will open up further upward space).

Today (September 19), ETH opened with a low and fluctuating trend, and it is currently essential to prioritize observing the effectiveness of the 4550 USD short-term support—if this level can hold, the market may maintain consolidation within the range; if it fails, one must be cautious of the risk of a drop to the strong support at 4400 USD.