Current price ETH ≈ 2283 has fallen below 2300, entering a weak acceleration phase.



Full-cycle bear alignment, severely oversold + slight rebound correction; the rebound is a shorting opportunity, not a reversal.

Current price 2283

Resistance (rebound short)

• First resistance: 2300-2305
• Second resistance: 2320-2330 (intraday strong pressure)

Support (downside target)

• First support: 2260-2265 (near the low point of this decline)

• Second support: 2230-2240 (next target after breakdown)

Main strategy: Short on rebound (priority)

• Entry: 2300-2305 short

• Stop loss: 2335 (breakthrough of strong pressure)

• Take profit: 2270→2240 (partial)

Oversold short-term long (small position test)

• Entry: 2260-2265 stabilize long (15-minute close positive)

• Stop loss: 2245

• Take profit: 2290-2300 (take profit when good opportunity arises)

IV. Key points to watch

• Tonight's volatility likely 30-50 points, do not chase rallies or hold long positions against the trend.

• If 2260 quickly breaks without rebound: pause long positions, look towards 2230.

• Correlated with BTC, if BTC breaks down, ETH will continue to decline.

The market carries risks; analysis is for reference only and does not constitute investment advice.
ETH0.10%
BTC1.06%
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