Brothers, lunchtime ETH analysis is here 👇

First, some levels:
Resistance: 2285-2300 / 2315-2330
Support: 2265-2260 / 2250-2240

The idea is very simple:

· Those wanting to go long can only wait for a pullback to support without breaking, then try with light positions. Do not chase high; this rebound is likely just a weak correction.
· The overall trend is still bearish; the rebound is an opportunity to short, focus on near resistance levels.
· Trading volume is average; don’t expect a one-sided market. Enter and exit quickly, don’t hold on to losing positions.

Looking at the technicals:
4-hour rally then decline, the middle band has been broken, moving along the lower band, the rebound momentum is gone. MACD shows increasing red bars, indicating bears are in control, RSI near 31 approaching oversold but not turning yet, meaning the bears are not finished.

The 1-hour chart shows a standard downward channel, moving along the lower band, with the middle band turning into resistance. MACD shows a death cross, rebound is weak, RSI around 20, indicating some correction is needed but reversal is unlikely.

There’s a small divergence on the 15-minute chart, which may lead to a short-term rebound, but the upside is limited. First resistance is at 2284, strong resistance at 2297, just like Bitcoin, it’s hard to push straight up. $BTC $ETH