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6.25 $ETH Market Analysis: Watch for a rebound during the day; in the evening, watch for a pullback after hitting the resistance level.
Ethereum’s structure is also similar to Bitcoin’s. During the day, watch whether the 4-hour bottoming model here can bring a rebound, and check whether the support zone of 1590-1580 bounces. Using the previous low of 1150 as a stop loss is also a reasonable approach.
There are two resistance zones above: one is 1660-1665, and the other is 1705-1710. If it grabs liquidity and rebounds, it may reach 1705-1710 before pulling back—this is a particularly annoying path.