April 30 21:20 $ETH Evening U.S. stock market one-hour technical analysis shows a clear downward trend (For reference only)

(Conservative traders can enter around 2270)

I. Core Trend Judgment

Current ETH price is 2265, short-term clearly bearish: price is under short-term moving averages, rebound is weak, volume is decreasing on upward moves and increasing on downward moves, dominated by bears; medium-term moving averages are arranged in a bearish pattern, rebounds are only weak retracements, overall trend is downward, and futures are preferred to short on rallies.

II. Key Interpretation of Golden/Death Cross

1. Short-term (15/30 minutes): No effective golden cross, short-term moving averages remain death cross, bearish signals strengthen, rebounds are only weak corrections after death cross, do not change the downward structure;

2. Medium-term (1/4 hour): Moving averages remain death cross, no reversal signal of golden cross, before golden cross appears, all rebounds are opportunities to short, if a short-term golden cross occurs later, it is only considered a minor rebound, do not chase longs.

III. Key Support & Resistance Levels

Resistance (Entry for short positions)

1. First resistance: 2275-2280 (short-term moving averages + recent rebound high point, core shorting zone)

2. Second resistance: 2295-2300 (upper edge of previous consolidation range, strong resistance, maximum shorting area)

Support (Downside targets / stop-loss reference)

1. First support: 2245-2250 (recent low + previous consolidation lower edge, first take-profit level)

2. Second support: 2220-2225 (strong support, key downside target, second take-profit level)

3. Ultimate support: 2200 (psychological level + medium-term key support, breaking below opens larger downside space)

IV. Short Contract Take-Profit & Stop-Loss (Precise Levels)

Shorting plan (current at 2265, go short directly)

• Entry point: 2263-2265

• Stop-loss: 2285 (breaks through short-term strong resistance, trend reversal, strict stop-loss)

• First take-profit: 2250 (reaches first support, reduce half position)

• Second take-profit: 2225 (reaches strong support, exit all)

Rebound Shorting Plan (if price rebounds)

• Entry point: 2278-2280

• Stop-loss: 2305 (breaks through second resistance, abandon short)

• Take-profit levels: same as above at 2250 and 2225

V. Quick Notes

ETH short at 2265 mainly, no golden cross, trend remains bearish; resistance at 2280/2300, support at 2250/2225; current short stop-loss at 2285, take-profit at 2250/2225, rebound short at 2280 with stop-loss at 2305.