$ETH $ETH Short-term Strategy Analysis

The current two-candle range-bound pattern is clear, with a stalemate between bulls and bears. In the short term, strictly focus on the key high and low points to make right-side trend-following arrangements, precisely hit key levels, and strictly control risk.
Short-term Entry and Exit Strategies
✅ Right-side long: The market strongly broke through 2323 with volume, follow the trend to go long, set a stop loss after the breakout stabilizes, and look for a rebound continuation.
❌ Right-side short: Price volume dropped below 2298, a rebound is weak and unable to recover support, follow the trend to short, and set a good stop loss throughout to avoid risk.
✅ Low-level defensive long: Retrace to the 2257 level, confirm support is effective, and lightly position long; once it effectively breaks below 2216, immediately cut losses and exit to prevent deep trapping.
Hourly Trend Target
The two-candle hourly level successfully stabilized above the 2323 critical dividing line, the bullish pattern is open, and the upper targets are sequentially: 2362 — 2398.
In the short-term rebound, if it reaches the upper resistance at 2398, lightly try short positions to gamble on a pullback; if it strongly breaks through the 2425 resistance, exit short positions to cut losses and abandon the reverse idea.
Left-side Pending Orders
Left-side low-level pending: 2174, layout long positions;
Defensive stop loss: break below 2133, directly stop loss.
Key Resistance / Support
🔴 Upper resistance levels: 2323 — 2362 — 2398
🟢 Lower support levels: 2297 — 2253 — 2220
Four-hour Structural Analysis
If the 4-hour level effectively breaks below 2297 support, the market will further decline, with the target zone below: 2249 — 2218.
Currently, the two-candle pattern has broken below the bullish trendline, but it is a lateral weakness break, with limited reference value.
According to the breakdown structure: subsequent rebounds must re-stabilize above the trendline and break through the 2339 resistance to officially start a rebound and correction phase;
If weakness persists and it cannot re-enter above the trendline, the market is likely to continue weakening, with key support levels at 2282 and 2227.