$ETH Technical Analysis



Current price: 2266.69, down 2.03% intraday, in a high-level pullback and continuous weakening trend.

Moving Averages: Price has broken below MA5/MA10/MA30, and the moving averages are arranged in a bearish alignment, with resistance levels layered above.

Key levels:

Resistance: 2275-2291 (Moving average resistance zone), 2325 (Intraday high)

Support: 2256 (Intraday low), near 2248

Indicators: MACD is below the zero line, with continuous green bars, indicating bearish momentum; volume increased at the end of the decline, with no clear sign of a bottom in the short term.

Trading suggestions:

1. If the rebound faces resistance in the 2275-2291 range, consider taking a light short position, with a stop loss at 2300, targeting 2250-2230.

2. Do not blindly bottom-fish; wait for volume to stabilize or for a breakout before following up, and strictly control position size.
ETH1.83%
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