ETH 1 Hour (April 29, 2026, early morning): Slightly weak in the short term, oscillating mainly bearish, rebounds face resistance and are prone to fall back, watch 2290–2300 support and 2340–2350 resistance.

1. Current Price and Structure

- Current Price: Around 2305 (early morning UTC+8)
- 1-Hour Structure: Highs declining, lows leveling off, oscillating slightly weak; price below EMA20/50, short-term moving averages clearly acting as resistance
- Indicators: RSI≈45, neutral slightly weak; MACD below zero line, small green bars increasing slightly, bearish momentum dominant

2. Key Levels (1 Hour)

- Resistance - First Resistance: 2335–2350 (EMA30/60 + recent oscillation platform)
- Strong Resistance: 2380–2400 (psychological + multiple resistance zones)
- Support - First Support: 2290–2300 (round numbers + previous low dense trading zone)
- Strong Support: 2250–2270 (trend support band)
- Extreme Defense: 2200

3. 1-Hour Trend Judgment

1. Short-term Direction: Slightly bearish oscillation, limited rebound space, difficult to sustain above 2340, high probability of a pullback after a rise.
2. Scenario - Hold 2290: Small rebound targeting 2330–2350, resistance can be shorted.
- Break below 2290: Look towards 2250–2270, effective break or extension towards 2200.
3. Time Window: Next 1 hour focus on the validity of 2290 support and the strength of the 2335 rebound.

4. Trading Ideas (1 Hour)

- No chasing longs: Rebound to 2330–2350, sell in batches, stop loss above 2360, target 2290→2260.
- Stabilize and attempt longs: Hold 2290–2300 with a bullish close, small position long, stop loss at 2270, target 2330–2350.
- Breakout short: Break below 2285 with volume increase, follow the trend short, target 2250–2230.

5. Risk Reminder

- Federal Reserve rate decision (early Thursday) expected to be hawkish, macro liquidity tightening is bearish for crypto.
- BTC correlation: BTC oscillates between 76,500–77,300, a sharp drop could trigger ETH collapse.

Overall: 1-hour slightly bearish oscillation, mainly shorting on rebounds, key levels not broken can consider small longs.

Would you like me to organize these key levels and trigger conditions into a concise 1-hour monitoring checklist for quick execution?