Recently, the market has paid widespread attention to the price trend of Ethereum. From a technical perspective, its trend shows a similar pattern to Bitcoin. It is worth noting that the previously formed high-level oscillating converging triangle pattern has broken downwards, and this signal clarifies the falling trend in the short term.

Further analysis of the four-hour candlestick chart shows that the market is in a clear downward channel. The lower Bollinger Band has been effectively broken, and is in a state of continuous widening, which usually indicates that prices may continue to fluctuate downwards within a certain range.

Based on the current market situation, the short-term trend of Ethereum can be judged as follows: the current price around 2590 USD may face some selling pressure. If it cannot effectively break through, the next step may test the support levels of 2500 USD or even 2450 USD. However, investors should remember that the cryptocurrency market is highly volatile, and any predictions carry uncertainties, requiring a comprehensive assessment that takes multiple factors into account.

In such a market environment, investors should remain rational, closely follow market trends, and reasonably control risks. At the same time, they should also pay attention to external factors such as macroeconomic elements and changes in regulatory policies that may impact the market, in order to adjust their investment strategies promptly.