Recent market analysis shows that Ethereum (ETH) is currently facing an important price threshold. Market observers have noted that $4158 has become a key resistance level. If this level can be突破, the next challenge will be the resistance at $4204.

For traders, the range of $4070 to $4050 may present a potential buying opportunity, but it is advisable to set a stop-loss point at $4031. If the price rises, consider taking profits in the range of $4190 to $4204.

On the other hand, if the price reaches the range of $4190 to $4204, some analysts believe this could be a shorting opportunity, but caution is needed regarding a potential breakout at $4215. If the bears gain the upper hand, the target price range may be between $4124 and $4070.

However, if the bullish momentum continues and breaks through the above resistance level, the price may extend to $4309. In this case, the market may enter a new upward channel.

Overall, the Ethereum market is currently at a critical decision point. Investors and traders should closely monitor the performance of these key price levels, as they may indicate significant changes in market direction in the short term.