The Ethereum (ETH) market has recently shown a series of notable fluctuations. Starting from a high of $4750, the market has undergone a significant pullback. This pullback is analyzed as part of the B wave rebound, and the upcoming C wave is expected to dip the price to the 3880-3850 USD range.

Although some analysts predict that prices may rise to $5000-8000, in reality, the market has presented buying opportunities in the $3820-3750 range. This price range is considered an ideal time for accumulating positions in batches.
In the long term, ETH still has the potential to reach the level of $5300-$6800. However, in the short term, we need to closely monitor several key price levels. The rebound from $3820 to $4080 is an important range, and if it breaks through $4080, it may indicate the failure of certain technical patterns. Similarly, $4215 is also a key point that needs attention.
Currently, the rebound starting from $3820 has reached around $4420, recovering 61.8% of the previous decline. This rebound pattern exhibits characteristics of an impulse wave, suggesting that the upward space may gradually expand.
Overall, the Ethereum market is at a critical turning point. Although it may continue to experience fluctuations in the short term, the long-term trend remains positive. Investors should closely monitor the breakthroughs or support levels of these key price points to make informed investment decisions.