Recently, the price movement of Ethereum (ETH) has attracted attention. The support level of $4250 predicted yesterday has been achieved, and the market response is in line with expectations.

Currently, ETH has completed the gap filling and may experience a corrective fluctuation in the short term. Investors may consider entering the market in batches within the $4250-4310 range, as this price range could become a temporary support level.

If a V-shaped rebound occurs after the repair is completed, it further strengthens this judgment. It is recommended that investors follow the opportunities near the 4250-4300 USD range, with target price levels expecting the 4400-4450 USD range.

It is worth noting that the cryptocurrency market is showing an overall downward adjustment, but mainstream coins may rotate and rise. Investors should closely follow market trends and manage risks appropriately.

Ethereum, as an important player in the cryptocurrency market, often reflects the overall market trend through its price movement. However, the cryptocurrency market is highly volatile, and investors should be cautious when making decisions and conduct thorough research and analysis.