ETH is currently in a complex pattern of daily triple top divergence + Bollinger Bands narrowing indicating a potential reversal + 4-hour oversold bottom-fishing signals + the medium-term bullish structure still exists:

Trading suggestions:
$2,285–$2,300 is a key short-term support zone: holding this level means the medium-term bullish structure remains intact, and a rebound from the 4-hour oversold condition can be observed.
Below $2,285 shifts to a more bearish outlook: if the critical support is broken, the downward targets are $2,260–$2,270 → $2,200.
$2,380–$2,400 is a short-term resistance observation zone: a volume breakout above this is the first step toward strengthening, then challenging the $2,423 triangle upper boundary.
A breakout above $2,423 would confirm an upward breakout of the triangle: before that, the risk-reward ratio for long positions is unfavorable.
Bollinger Bands narrowing indicating a potential reversal: bearish divergence suggests a higher probability of a downward reversal, so a mainly bearish outlook is recommended, but watch out for a rebound from the 4-hour oversold condition.
Ethereum Foundation unlocking/selling tokens is an additional bearish factor: approximately $48.9 million worth of ETH unlocked + $23.87 million ETH sold, attention should be paid to selling pressure.
4-hour WR oversold (-81.27) can be used as a short-term bottom-fishing reference: if the price stabilizes at $2,285–$2,300 with buying support, consider a light long position, with a stop loss below $2,260.