ETH Today's Trend and Bull-Bear Pressure Analysis:

Current Market: Price $2,266.9, fluctuating narrowly between $2,230–$2,275, at a critical point before a trend reversal.
Bull-Bear Pattern:
4-hour bearish alignment (MA7 < MA30 < MA120) continues to suppress, trend favors the bears
Daily CCI deeply oversold (-104.89), KDJ J value only 14.15, Bollinger Bands narrowing to the lowest in nearly 30 days → Strong reversal signal
Volume expansion with a slight increase of +0.75%, market participation has strengthened, but ETH underperforms BTC (excess return -0.36%)
Key Resistance Levels:
$2,280–$2,290 (EMA cluster + middle Bollinger Band, strongest short-term resistance)
$2,310 (4h MA30, first hurdle in bearish pattern, breaking through can ease bearish pressure)
$2,340–$2,375 / $2,400–$2,420 / $2,465–$2,470 as progressive upper resistance levels
Key Support Levels:
$2,220–$2,232 (Daily SAR + 4h SAR + today's lowest, triple resonance critical support)
$2,170–$2,180 (Downtrend line + macro support floor)
$2,096–$2,140 / $2,060 as progressive lower support levels
New Focus Factors:
BlackRock ETH staking ETF (ETHB) continues accumulating, holdings reach 261,337 ETH (75% staked and locked), circulating float being squeezed by three parties
rsETH rescue plan progressing, Aave DAO proposes contributing 25,000 ETH, but residual effects remain
MegaETH TGE launched, ecosystem attention increasing
Fear and Greed Index at 26 (Extreme Fear)
Trading Suggestions: Main strategy is light short positions (entry $2,270–$2,290, stop-loss above $2,310, targets $2,220→$2,170→$2,096);
Auxiliary strategy is light long positions on oversold rebound (enter after confirming support at $2,220 and stabilizing above $2,250);
Conservative traders can wait for clear breakout confirmation at $2,220 or $2,310.