ETH rebounds to the 2300–2320 zone. Defense is set above 2340; the first target is 2260, and the second target is 2220.

If it breaks below 2220, it immediately points to 2180; further down is the densely packed “chip” area around 2130.

This ETF positive news was already fully digested by the big players. What’s left to be served on the table are leftovers.

At the 2403.99 level, it almost perfectly overlaps with the dense resistance band of 2393 on April 14 and the dense resistance zone of 2384–2404 in mid-April.

This is already the third time ETH has been pushed down in this area.

Three times it touched the top, three times it got smashed—not a coincidence. Someone is waiting at that level to distribute/sell into liquidity.

The first support below is near 2260, which is yesterday’s low.

Once that level is lost, 2220 is the next target; further down is the prior low at 2180.

Resistance is at 2310–2320 above; any higher, 2345–2360 is the rebound’s extreme limit zone—i.e., the golden window to execute the rebound.

The 2300 psychological integer level is the bulls’ line of defense, and the bears’ first target.

Once this area is broken through by a bearish candlestick body, stop-loss orders will come pouring out.

People “FOMO-ing in” and chasing this now are using real money to pay for the big players’ leftovers.

Master Ye once said most people rush in when fireworks bloom—only to find that after the fireworks fade, they’re left standing in ashes.

And the most brutal thing about this market is that by the time you see the fireworks, the ones who set off the fireworks are already counting their money.

Master Ye is on the big players’ side, waiting for this round to be wrapped up. $BTC #加密市场小幅下跌