The recent performance of the Ethereum (ETH) market has attracted attention. On August 11, the overall trend of ETH remained stable, but investors need to closely follow potential pullbacks that may appear on the 2-hour, 3-hour, and 4-hour charts. Currently, the 45-minute level trend shows a one-sided trend.

Analysis shows that the upper resistance levels faced by ETH are 4326, 4378, and 4412, while the important support levels below are at 4220 and 4167.

For trading strategies, professionals recommend staying on the sidelines until clear changes in patterns are observed. At the same time, it is emphasized that stop-loss orders must be set when opening positions to control risk.

It is worth noting that the cryptocurrency market is highly volatile, and investors should act cautiously and manage risks well. Market analysis is for reference only, and everyone should make decisions based on their own risk tolerance and investment goals.

With the continuous development of the digital asset market, ETH, as a leader in smart contract platforms, its price trend not only reflects its own development status but also represents the overall health of the cryptocurrency market to some extent. While investors focus on short-term price fluctuations, they should also pay attention to the long-term development prospects of the Ethereum ecosystem.