April 30 19:07 Evening $ETH Ethereum Technical Analysis Market Outlook for Entry (Current price 2263, bearish trend, with golden cross logic)

(For reference only) (Current price can be used for direct entry)
I. Trend Judgment

The short-term rebound in price forms a small-cycle moving average golden cross, which is a technical correction rebound within a downtrend, with insufficient volume follow-through, heavy selling pressure above, and a complete large-scale bearish structure. The overall trend remains bearish; the golden cross is only a rebound signal and does not change the main downward trend.

II. Key Levels

• Resistance level: 2278 (short-term strong resistance, upper limit of the golden cross rebound), 2295 (dividing line between bulls and bears, invalidates bearish outlook if broken)

• Support level: 2242 (first support), 2220 (strong support, breaking it opens downward space)

III. Short Position Strategy (Current price 2263)

1. Entry point: current price 2263 or add to short positions on rebound in the 2275-2278 range

2. Stop-loss point: 2300 (breaks the bull-bear dividing line, trend reversal, strict stop-loss)

3. Take-profit points:

◦ First take-profit: 2242 (reduce position by 50%, lock in profits)

◦ Second take-profit: 2220 (for remaining positions, if broken, continue to watch 2200)