This morning, the price of Ethereum precisely touched the third support level and then began to rebound. Investors need to focus on the key price level of $4250 for this rebound trend. Only if the price can stabilize above $4250 on the 1-2 hour chart can we confirm that the rebound has truly started.

If the rebound continues, the resistance levels may appear near $4250, $4315, and $4355. However, if today's rebound fails to break through the $4250 level, it may indicate insufficient rebound momentum. In this case, if the price declines again, investors should closely follow the support levels near $4110, $4055, and $4000.

It is worth noting that the current trends in the cryptocurrency market are closely related to the global macroeconomic environment. Investors should closely follow the upcoming Jackson Hole meeting, as the discussions and decisions made during the meeting may have a significant impact on the cryptocurrency market.

Overall, the short-term trend of Ethereum is still at a critical technical position. Investors need to consider both technical and fundamental factors when making decisions, and always remain vigilant to manage risks.