Today, the Ethereum market shows encouraging signs. After hitting a low of $4280, the price received significant support and subsequently began to stabilize and rise. This trend indicates that the bearish trend may have come to an end in the short term, and market sentiment is gradually improving.

Currently, investors should closely monitor the resistance level in the range of $4380 to $4450. If Ethereum can break through and stabilize in this area with strong trading volume, it will open up space for further upward movement, with the next target price potentially pointing towards around $4500.

Looking at the overall market situation, Ethereum has gone through a period of pullback, and the bearish forces seem to have begun to weaken. Currently, the market has the fundamental conditions for a rebound. For trading strategies, investors may consider looking for appropriate entry opportunities near support levels to establish long positions. However, patience is crucial; waiting for a potential acceleration in price after breaking through key resistance levels is the best profit opportunity.

It is worth noting that while Ethereum shows positive signals in the short term, investors still need to remain vigilant and closely monitor market changes, while managing risks effectively. At the same time, attention should also be paid to the overall trends in the cryptocurrency market, especially the performance of Bitcoin, as it often has a significant impact on the movement of Ethereum.