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ETH intraday rhythm judgment | Around 2260 looks more like a pivot point, not a terminus
1H Analysis
After a pullback, the lows are gradually rising, with no breakout action The decline is incoherent, instead being gradually bought up amid oscillations The moving averages are starting to flatten and slightly turn upward, with the price staying close to the moving averages
Conclusion: In the short term, it’s a slightly strong oscillation after correction, not a breakout, but not weak either
4H Analysis
The previous correction has been completed, with lows gradually rising Currently, it has returned near the moving averages and is attempting to stabilize The structure looks more like “a re-choose direction after the pullback ends”
Conclusion: The 4H has entered a sideways range leaning bullish, with room for further upward exploration
Intraday Trend Forecast
Trading Strategy: Market buy ETH Entry: 2264
Take Profit TP1: 2286.6 (+1%) TP2: 2309.3 (+2%)
Stop Loss SL: 2230.0 (-1.5%)