ETH's downward trend continuation signal confirmed! Facing resistance above 2240, the bearish window has opened for the day.

Current Price: 2240.15

First, the conclusion: ETH has already entered a weak continuation phase in the short term, belonging to a “continued decline after a rebound failure,” with a clearly bearish current structure, and is more inclined to oscillate downward intraday.

1. 4-Hour Level: Trend weakening, bearish dominance

Break below previous key support at 2260 area Highs continue to decline, structure deteriorating MACD operating below the zero line, bearish momentum strengthening Bollinger Bands opening downward, price close to the lower band

Core judgment: 4-hour chart indicates a trend towards a bearish structure

2. 1-Hour Level: Clear bearish rhythm

Standard “decline → weak rebound → further decline” structure Rebound constrained within 2250-2260 range Moving averages in a bearish alignment MACD remains in a bearish state

Short-term rhythm: Mainly downward decline, with continuation potential

3. Intraday Trend Projection

If unable to regain stability above 2260:

More inclined to oscillate downward intraday First test support around 2215 If broken, may extend to the 2195 area

4. Direct Trading Strategy (as required)

Direction: Short (market order to open)

Entry Price: Around 2240.15

Take Profit:

First TP: 2218 (about -1%) Second TP: 2195 (about -2%)

Stop Loss:

Stop-loss level: 2273 (about +1.5%)