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The Ethereum market has recently seen remarkable changes, strongly rebounding from a low of 2556 and once climbing to 2626, demonstrating impressive resilience. Currently, the market has entered a relatively stable consolidation phase, showing a slow rising trend overall.
From the technical analysis of the four-hour chart, the extent of the pullback is relatively limited, and the market still maintains a震荡上行 trend. For investors, this may be a good opportunity to look for entry points at lower levels. However, if resistance is encountered during the rebound process, the possibility of a pullback in the short term cannot be ruled out.
In this market environment, investors need to closely monitor the performance of key support levels. If important support levels are broken, the market may have further downside potential. Given the current relatively mild market volatility, investors need to maintain a flexible strategy and be ready to adjust their investment plans at any time.
It is worth noting that the cryptocurrency market is influenced by various factors, including global economic policies, technological developments, and statements from important figures. Investors should take these factors into account comprehensively and remain cautious and rational when making investment decisions.
In the rapidly changing cryptocurrency space, accurately grasping market trends and following the right investment strategies is crucial. However, investors should also remember that any investment carries risks and that they need to make informed decisions based on their own risk tolerance.