ETH Market Analysis

2026/4/27
Valid for four hours
12-16
Pigeon Market
L return 281 mock 2360
Volume-driven rally → Breakthrough 2400—Rush to 2403—High-level sideways trend not broken, but entering a clear momentum decay phase secondary path
If 2390 can hold steady
→ Continue oscillating upward → Retry 2400-2420
If 2390 is broken
Support levels
2390 (short-term key)
2380) (structural support)
2360 (trend defense)
Resistance levels
2400 (psychological + structural resistance)
2420 (previous high range)
2450 (strong resistance)

Trading Suggestions
First order
Pullback at 2385-2390 without breaking can buy
Stop loss: 2375
Take profit: 2400/2420
Try short positions in batches at 2400-2420
Stop loss: 2435
Take profit: 2390/2380
High-level zone → Control position size ( 10-30%
Rhythm Summary
Need to oscillate → Rally → Breakthrough → High-level sideways
Technical Structural Features
15m:
Bollinger Bands upper band flattening
Price touching the upper band but no longer expanding
A bullish phase entering digestion stage

Bullish pillar shrinking in volume
Fast and slow lines beginning to flatten
Momentum significantly weakening
RSI:
Receding from high levels to around 60
Alliance people Ba Meng Shui Xie Ge
1h
Still a bullish structure
But slope slowing down
→ Trend still exists, but no longer strong
Conclusion
This wave of rally has completed the “acceleration phase,” entering the “high-level consolidation key point”: whether 2400 can hold steady and continue upward
If not steady → Pull back for confirmation
One sentence summary: Bulls still have strength, but chasing longs is not suitable