Ethereum (ETH) recently attracted attention in the market. As of the draft, ETH is priced at $2,445.67 with a daily trading range of $2,386.55 to $2,474.43. Analysis shows that although the ETH price has rebounded, this seems more like a technical correction to the previous drop rather than the beginning of a strong upward trend. Currently, investors are generally focusing on the important support level of $2,300. If ETH fails to hold this level, it may lead to a new round of decline. Market participants are closely monitoring whether ETH can accumulate enough momentum to break through the resistance level at the current position. In the current macroeconomic environment, the overall cryptocurrency market still faces uncertainty, and investors are advised to remain cautious, closely monitor market trends, and changes in key technical levels.