**ETH Market Analysis: Key Price Levels to Watch Today**

The second contract is displaying notable strength heading into the afternoon and evening session. Looking at the current technical picture, here's what traders should monitor: a potential downturn targeting the 4230 zone, with secondary support around 4210. Breaking below 4200 opens the door to 4150.

**Short Strategy**

For those positioned short, the CPI data release could trigger increased volatility around these levels. Keep a close eye on the 4200 support zone—if it cracks, expect acceleration toward 4150.

**Long Entry Points**

Rather than chase rallies, smart traders should await a pullback before initiating long positions. The 4290-4340 range represents an attractive entry zone given the second contract's inherent strength in this market environment.

**Weekly Outlook**

Zooming out on the bigger picture: this week's target range extends from 4400 at the floor to 4500-4900 on the upside. The structure suggests room to run higher once near-term consolidation completes.

Bottom line: Whether you're shorting from resistance or stalking long entries on dips, the CPI data and ETH's technical setup offer solid trading opportunities this session. Best of luck executing your trades!