⚠️ ETH rebound is weak! Short-term bears may test the support below again

Current Time: April 26
Current Price: 2314
Underlying Asset: Ethereum

From recent trends, after ETH retreated from the high of 2463, it has generally entered a phase of oscillating downward and sideways consolidation. In the past two days, the price has repeatedly rebounded near 2330 without forming an effective breakout, indicating that selling pressure above remains relatively heavy.

The current trend resembles a weak consolidation after a rebound, with short-term market momentum being relatively weak. Today is more likely to see sideways movement with a slight bearish bias and a retest of support levels.

📊 Technical Structure Analysis
① 1-Hour Level (Short-term Rhythm)

From the 1-hour chart, we can see:

MA7 and MA30 are basically flat and trending downward
Multiple rebounds failed to break through the 2330 resistance
High points are gradually decreasing

This indicates that the short-term market is in a weak consolidation phase.

Key Levels:

Short-term Resistance
2330

Strong Resistance
2350

Short-term Support
2290

Secondary Support
2260

As long as 2330 cannot be effectively broken, the bearish structure remains dominant.

② 4-Hour Level (Trend Structure)

The 4-hour level shows:

1️⃣ After a surge, a phased top structure has formed
2️⃣ The retracement amplitude is gradually increasing
3️⃣ Price is trading below the moving averages

This usually indicates that the market is still in a correction cycle.

If market sentiment continues to weaken, ETH may test today:

2290 → 2260

🎯 ETH Short Entry Strategy for Today (Execute Directly)

Trade Direction: Short

Opening Method
👉 Market Sell: Near 2314

Take Profit Targets

First Take Profit
2291 (+1%)

Second Take Profit
2268 (+2%)

Risk Management Stop Loss

Stop Loss Level
2349 (-1.5%)