Recently, the price movement of Ethereum (ETH) has attracted the market's attention. According to Technical Analysis, we can observe two important price positions:



First of all, around $4450 is a key level. If the price can stabilize above $4420, it is very likely to trigger a strong rally, and there may even be a sharp surge.

Secondly, if a pullback occurs, $4200 can be considered a reasonable bottom support. There are multiple support levels between $4300 and $4200, providing a buffer for ETH. Even in extreme cases, the price may find strong support around $4170.

It is worth noting that Ethereum may experience significant fluctuations during unconventional time periods, reflecting the 24/7 continuous trading nature of the cryptocurrency market. Investors should remain vigilant and follow market trends at all times.

Overall, the current price movement of ETH shows a certain level of resilience, but it is still necessary to closely follow the performance of the key price levels mentioned above to assess the potential direction in the short term.
ETH-3.96%
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OnChainDetectivevip
· 08-27 21:49
something's fishy about these price movements... wallet cluster analysis suggests coordinated action at 4450
Reply0
FloorSweepervip
· 08-27 21:49
I don't understand what good analysis can come from a few hundred difference in 4k.
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TeaTimeTradervip
· 08-27 21:46
Let's just watch the 4450 line today.
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PrivateKeyParanoiavip
· 08-27 21:32
Who cares about the support level, as long as the Private Key is not lost.
View OriginalReply0
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