#ETH

ETH has recently shown signs of recovery. The price has climbed back above the 20-day moving average (4272 USD), indicating that selling pressure has eased and market sentiment is becoming more positive.

Next, the resistance line will become a key test for the short-term market. If buyers can strongly break through and hold above the resistance line, ETH is expected to retest the historical high of $4957, and the market may welcome a new wave of increases.

However, the risks still exist. If the price encounters pressure near the resistance line and falls back, it indicates that the bears are still selling at highs and suppressing the market. If the sellers further pull the price down below the support level of 3740 dollars, it means that ETH may have reached a short-term top, and the risk of adjustment has greatly increased.

Overall, ETH is on the eve of a "key breakout." If the bulls can maintain the moving averages and break through resistance, the market will continue to strengthen; conversely, caution is needed against deep adjustments brought about by a downturn.