Today's Ethereum (ETH) market has shown a remarkable trend. In the morning trading session, the ETH price precisely touched the third important support level, and then a rebound began.

Market participants are now focusing their attention on the key price level of $4185. Analysis indicates that only if ETH can firmly stand above this position can it be considered that a short-term (1-2 hour level) rebound has truly begun. If this breakout is achieved, investors should closely monitor several important resistance levels above, including around $4240, $4310, and $4355.

However, if today's rebound is insufficient and cannot effectively break through and stabilize at the 4185 USD level, it may indicate that this rebound lacks sustained momentum. In this case, market participants should be wary of a potential further decline. If a decline does occur, important support levels are located near 4110 USD, 4060 USD, and 4007 USD.

Overall, the current Ethereum market is in a critical technical position. The price trend in the short term will largely depend on whether it can break through and stabilize above the key level of $4185. Both investors and traders need to closely monitor the performance at this price level to gauge the potential direction of future trends.