The price dynamics of Ethereum (ETH) have attracted market attention. The latest data shows that ETH is currently fluctuating around $4300, with an intraday trading range of $4060 to $4540. In the short term, market sentiment is leaning towards optimism, with a potential for a pump.



From a technical perspective, the daily chart shows that ETH is fluctuating between $4270 and $4380, with most closing prices above the opening prices, indicating a slight advantage for the bulls. The two-hour chart presents a technical rebound trend, with the MACD indicator showing a golden cross, simultaneously receiving support from the EMA moving averages, indicating a relatively strong medium-term trend.

Based on the current market situation, analysts suggest following the support levels of $4300 and $4270. If it can effectively break through, ETH may challenge the target of $4450. If the breakout is successful, the next important resistance level will be $4500.

However, investors should bear in mind that the cryptocurrency market is characterized by significant fluctuations, and price predictions are for reference only. It is essential to conduct thorough research and risk assessment before making any investment decisions.
ETH2.7%
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ImpermanentPhobiavip
· 21h ago
This position feels like it's going to pump to the max.
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SatoshiLegendvip
· 09-12 13:56
Data is cold, thought is eternal, those support levels are merely a reflection of human nature.
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ZkSnarkervip
· 09-12 08:11
well technically the macd is just telling us what we already knew... but those support levels look juicy for a proof sketch of upward momentum
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GigaBrainAnonvip
· 09-12 08:10
See one, do one, buy the dip and it's done.
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OnchainDetectivevip
· 09-12 08:08
Ah~ Finally, the breakthrough has come.
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SchroedingerAirdropvip
· 09-12 08:03
If it breaks 4500, I'll go all in!
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SleepTradervip
· 09-12 08:00
Don't blame me for saying it in advance.
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FlashLoanKingvip
· 09-12 07:52
Waiting for the 6k mark, buy the dip is the way to go.
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ChainComedianvip
· 09-12 07:48
What are you hovering around? I've already bought the dip and gone full position.
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