4.30 ETH Market Review and Strategy



1. Market Recap: Over the past 24 hours, ETH showed a choppy pullback, trading within the 2220-2340 range, and ultimately closed near 2240, with an intraday decline of nearly 2%. Trading volume was steady, with no signs of panic selling.

2. Technical Signals: The daily timeframe structure is bearish. The MACD indicator remains on a downward trajectory. Price has been moving within the 2340-2220 range, and the current rebound lacks momentum, entering a short-term weak consolidation pattern.

3. Key Levels

• Core Resistance: 2300 USD

• Core Support: 2200 USD

• Intraday Strength/Weakness Boundary: 2250

4. Core Strategy

• Main Idea: Below 2300, maintain the ranging upside-fade thinking for entering shorts.

• Trading Reference: If the rebound approaches the 2280-2300 zone, you can try taking small short positions. Place the stop-loss above 2320, and the targets are 2230-2200.

• Risk Warning: If the price holds above 2300 on increasing volume, you need to pause the bearish/short outlook and guard against a false breakout.
$ETH $BTC $DOGE
ETH1.29%
BTC1.58%
DOGE2.17%
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