The Ethereum (ETH) market is showing a fluctuating trend today. A rebound is expected within the next 2-3 hours. It is worth noting that 4417 is an important price point, and once it is broken, it may accelerate the fall trend.

Investors should pay attention to the following key support levels: 4383, 4333, 4269, and 4182. These price levels may provide a buffer during the decline. At the same time, the resistance levels above are mainly concentrated at 4532 and 4572, which may hinder the price's rise.

The market sentiment indicators show that the current long-short ratio of Ethereum is 1.26, with a fear index of 60, indicating that the market is in a relatively cautious state. In real trading, the long position accounts for 62%, while the short position accounts for 38%, and the overall long-short ratio across the network is 47:53, demonstrating a divergence of opinions among market participants.

For trading strategies, it is recommended that investors remain cautious and wait for clear market patterns to emerge before taking action. At the same time, setting reasonable stop-losses is an important aspect of risk management and should not be overlooked.

It is important to emphasize that the cryptocurrency market is highly volatile and carries significant risks. Investors should conduct thorough research and risk assessment before making any decisions. Market analysis is for reference only and should not be considered investment advice. In this rapidly changing market, it is crucial to remain calm and rational.