$ETH Ethereum has pulled back from high levels and is currently entering a consolidation phase with decreasing volume. On the four-hour chart, it remains in a bearish divergence state, with the price repeatedly testing multi-period moving average support around 2317, and short-term volatility has clearly narrowed.

Resistance above is concentrated in the 2330-2340 range, with strong resistance at the previous high of 2422; support below first looks at the 2300 level, and if it fails to hold, then it targets the previous low of 2284.
One-hour trading volume continues to shrink, MACD shows a low-level golden cross with limited momentum, and the four-hour bearish trend has not yet fully reversed, overall in a weak correction after a decline.
In the short term, focus on range-bound oscillation; for rebounds facing resistance, consider light short positions, and if support is stabilized on pullbacks, then consider low-position long entries. #加密市场行情震荡