#打榜优质内容# Ethereum today's market analysis

1. Short-term trend is weak - ETH continued yesterday's downtrend today, hitting a low of $4398, and no clear rebound signal has been seen yet.
On the funding side, the US spot Ether ETF saw a net outflow of $58.05 million yesterday, with significant withdrawals from the Fidelity and Grayscale ETFs, while only BlackRock continued to see inflows. This indicates a lack of short-term confidence in ETH among institutions, which may affect market sentiment.
2. Technical Analysis
Key levels - Support level: 4300-4350 is a key short-term support zone. If it breaks down, it may test 4000 dollars.
Resistance level: 4500-4550 is the short-term rebound resistance. If it can break through, it may test 4700.
3. Market sentiment is polarized - Bitcoin maximalist Samson Mow is bearish on ETH, believing that this wave of increase is merely short-term speculation with the ultimate goal of converting back to BTC.
However, institutional funds are still flowing in, and the overall positions of spot ETFs are still increasing, with long-term bullish expectations remaining.

Ether today's trading advice
Short-term: If the support at 4300 is valid, a small position can be taken to bet on a rebound, with a target of 4500; if it falls below 4300, then wait and see.
Medium to long-term: If Ether can hold above 4600, it may re-enter an upward trend; otherwise, it may continue to oscillate and adjust.
Summary: Today's ETH trend is relatively weak, with short-term attention on the support at 4300. If it breaks below, it may further correct, but in the medium to long term, institutional funds are still present, and a rebound cannot be ruled out. Everyone should pay attention to the risks and avoid blindly bottom-fishing!