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Hong Kong, April 23rd, 12:15 PM, ETH Market Analysis
Three-cycle: Daily chart bearish (main trend), 4H critical slightly bearish, 1H bearish, the directions of large and small cycles are already aligned downward. Confirmation requires the 4H closing price to break below 2329 to form a perfect three-cycle resonance decline.
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Reference Short
2383—2408 (Follow the trend, prioritize trading)
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Reference Long
2298—2280 (Against the trend, light position trading)
ETH Resistance Levels
First resistance: around 2367
Second resistance: around 2383
Third resistance: around 2408
Fourth resistance: around 2428
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ETH Support Levels
First support: around 2329
Second support: around 2298
Third support: around 2280
Fourth support: around 2258
$ETH