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A data analysis platform: The short-term support range for ETH is between $3980 and $4020, and the resistance range is between $4450 and $4550.
An analyst from a data analysis platform pointed out that the Ethereum market leverage ratio is close to a historical high (ELR reached 0.68), with a lower leverage ratio on a certain trading platform (0.52), indicating that other exchanges are using leverage more heavily. In addition, the net inflow on a certain trading platform is significantly higher than the average level across all exchanges, which may indicate a localized selling pressure risk.