Recently, the Ethereum market has shown a fluctuating consolidation trend. After a brief surge to 4453 dollars last night, the price has retraced and is currently hovering around 4340 dollars. In the short term, the market still has a tendency for recovery.

From a technical perspective, key resistance levels are concentrated in the range of $4380 to $4420. If it can stabilize in this range, bulls are expected to challenge the high points of $4450 to $4500 again. On the support side, attention should be paid to $4320; if it falls below this level, it may trigger further pullbacks, with the next support area at $4280 to $4250.

For trading strategies, consider establishing a small long position around the current $4340 level, with a target range set between $4380 and $4420. If the price dips to around $4320, consider adding to the position. It is recommended to set the stop-loss below $4280 to manage risk.

It is worth noting that the cryptocurrency market is highly volatile, and investors should remain vigilant at all times, reasonably control their positions, and manage risks effectively. At the same time, it is important to closely monitor market sentiment and changes in fundamentals to adjust strategies in a timely manner.