On the evening of April 22, Ethereum experienced a strong rally driven by easing US-Iran ceasefire negotiations, a surge in US tech stocks, and the return of crypto funds, reaching a high of $2420.7, nearly a 5% increase in 24 hours, setting a recent new high.

Daily level: The price broke through the previous consolidation platform, the MACD green bars fully converged and turned red, the DIF and DEA formed a golden cross upward, and bullish momentum fully initiated; trading volume significantly expanded, with bullish candles accompanied by increased volume, indicating active capital inflow and a strengthening trend.

4-hour level: MACD formed a second golden cross above the zero line, red bars continued to expand, indicating strong short-term bullishness; volume also increased, with strong buying pressure, but signs of volume stagnation at high levels suggest short-term profit-taking pressure.

Market outlook: Short-term remains relatively strong, but the $2420–$2450 zone is a strong resistance area. A volume breakout could target $2500; if encountering resistance and falling back, support is at $2360–$2380, and a break below would lead to oscillation and adjustment. Key factors are geopolitical developments, US stock performance, and whether volume can sustain. In terms of trading strategy, avoid chasing highs, focus on buying on dips, and strictly control positions.