#Ethereum

From a technical perspective, the price of Ethereum is fluctuating between $4280 and $4380, currently at a critical technical decision point. The key support level is between $4200 and $4250, while the key resistance levels are at $4400 and $4450-4500. If buying pressure continues to strengthen, and the price effectively breaks through and stabilizes in the $4450-4500 resistance area, it may confirm a bullish breakout, opening the path for a rebound towards higher targets; however, if selling pressure intensifies and the price loses the critical support range of $4220-4250, it may damage the bullish structure, increasing the risk of further declines.

In terms of contract operation points, based on current technical analysis, there are the following operational ideas:

- Long: You can enter the market at $4250-$4280, with a stop loss set at $4200-$4220 and a target of $4400-$4450, betting on the effective key support area, rebound testing resistance; you can also enter after confirming a breakout at $4450, with a stop loss set at $4380 and a target of $4700-$4800, tracking the breakout trend, betting on trend continuation.
- Short: You can enter at $4400-4450, set the stop loss at $4480-4500, and aim for a target of $4300-4350, betting that the price will be hindered and fall back in the key resistance area; you can also enter after confirming a break below $4220, set the stop loss at $4270, and aim for a target of $4050-4100, tracking the downward trend and betting on an acceleration of the decline.