Recently, Ethereum has experienced a rise and is currently entering a top sideways consolidation phase. For night traders, the price level of $4276 has become a crucial judgment point.

If the price can hold above $4276 during the pullback, it will indicate that the trend across various time frames remains bullish. In this case, investors can focus on the upper limit of the sideways range at $4337. Once this level is broken, the market may further test higher resistance levels such as $4372, $4405, and $4442. However, if these levels cannot be broken, a pullback may occur in the short term.

On the contrary, if the price breaks below the support of 4276 dollars, the market may initiate a pullback trend from the 1-hour timeframe. In this case, investors should closely monitor the support levels below, including 4225, 4185, and 4125 dollars.

It is worth noting that the cryptocurrency market is highly volatile, and investors should be cautious when making decisions, taking into account multiple factors and ensuring proper risk management. At the same time, market conditions change rapidly, and staying updated on the latest market trends is crucial for seizing trading opportunities.