An analysis suggests that Ethereum (ETH) is forming a rebound structure after successfully defending its short-term support zone. Whether it can hold the $2,450 level is cited as a key variable that will determine the continuation of the short-term upward trend, with the $2,500 area pointed to as the next hurdle.

■ A Rebound Pattern of Rising Lows

CryptoGuru12, an active member of the CoinMarketCap community, analyzed that Ethereum has been gradually raising its lows after confirming support around $2,420. According to the analysis, Ethereum recovered the $2,450 level, maintaining the short-term rebound scenario. If buying pressure continues, it was suggested that the price could first test the $2,480 area before extending its upside range to $2,500 and further to $2,518.

■ Trading Scenario: Entry Price, Target Prices, and Stop-Loss

The trading strategy presented by CryptoGuru12 is as follows.

· Entry zone: $2,451–$2,456 · Target prices: 1st target $2,480 → 2nd target $2,500 → 3rd target $2,518 · Stop-loss level: $2,430

■ $2,450: A Technical Inflection Point Determining the Trend

Technically, the $2,450 level is an important inflection point. If the price holds above this level, the short-term recovery structure of rising lows may continue; however, if it is pushed down again, the $2,420 area, where support was previously confirmed, could face another test.

The $2,500 level is also regarded as a zone with strong characteristics of a psychological resistance line. Depending on whether trading volume and buying strength are maintained at this price level, the sustainability of the further rebound may vary.

■ Investment Caution

However, these price ranges are merely projected ranges based on technical analysis. The cryptocurrency market can shift direction significantly even in the short term, depending on Bitcoin prices, global liquidity, macroeconomic conditions, and position changes in the derivatives market.

[※ This article was written for the purpose of providing information on the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. The price forecasts, support and resistance zones, and target prices mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and you may lose part or all of your investment principal. Investment decisions and the resulting responsibility rest with the investor, so please fully review market conditions and relevant information before investing. This article was written with AI assistance.]