The market continues yesterday's correction trend, rising briefly in the early hours before facing resistance and falling back, with increased volume and breaking below the 2300 level, indicating short-term bearish dominance. From a technical perspective, the price has fallen below the MA50 and the middle band of the Bollinger Bands, with the MACD showing a death cross and RSI below 30, suggesting short-term weakness; key support levels are at $2200–$2250, and resistance levels are at $2330–$2350. On-chain fundamentals still provide support, as the demand for staking and smart accounts steadily increases following the Pectra upgrade, coupled with the upcoming FOMC meeting on April 30, leading to a cautious market sentiment. In the short term, the market may remain in narrow fluctuations, focusing on the $2250 support and Federal Reserve policy guidance. If volume breaks below support, the next target is $2200; a rebound requires a firm hold above $2350 to regain upward momentum.