ETH rebound momentum is weakening! Above 2260 becomes a trap zone, and the intraday pullback is starting to accelerate.

Current Price: 2266.23

First, the conclusion: ETH is currently in a weakening phase after a rebound from a high level, with a short-term structure leaning bearish, indicating “failed rebound → retest continuation,” and intra-day more likely to oscillate downward rather than continue upward.

1. 4-Hour Level: Rebound encounters resistance, structure begins to weaken

Failed to hold above 2300 on the rally Highs gradually decline, forming resistance structure MACD at high levels pulls back, momentum clearly weakens Bollinger Bands tighten, price returns to the midline

Core judgment: 4-hour enters a oscillating and weakening phase

2. 1-Hour Level: Bearish rhythm gradually forming

Shows a “rise → fall → weak rebound” structure Multiple rebounds are resisted in the 2280-2300 range Moving averages begin to turn downward MACD bearish momentum gradually strengthens

Short-term rhythm: Weak rebound + stair-step decline

3. Intraday trend projection

If unable to regain above 2280:

More likely to oscillate downward intra-day First test support around 2240 If broken, may extend to the 2220 area

4. Direct trading strategy (as required)

Direction: Short (market order to open position)

Entry price: around 2266.23

Take profit:

First take profit: 2243 (about -1%) Second take profit: 2220 (about -2%)

Stop loss:

Stop loss level: 2300 (about +1.5%)