ETH Market Analysis

2026/5/1
Valid for four hours
20-24 Jingxing

Main Path

High point at 2346 → Unilateral decline
→ Rebound at 2218 → Sideways consolidation
→ Continuous rebound → Currently above 2285

Current Structure:
Stop decline → Sideways → Continued rebound → Oscillation at resistance levels

Secondary Path

If volume breaks through 2295
→ Rebound confirmation → Watch 2310-2330

If surge is without volume
→ High-level oscillation → Easy to retest 2265

Support Levels

2280 (Current support)
2265 (Key support)
2250 (Break below weakens)

Resistance Levels

2295 (Short-term resistance)
2310 (Key resistance)
2330 (Continuation target)

Backup Path
Upward:

Break through 2295 and stabilize
→ Structure turns strong
→ Enter rebound phase

Downward:

Break below 2280
→ Rebound ends
→ Return to oscillation or turn bearish

Currently in the mid-stage of the rebound
→ Can participate
→ But avoid heavy chasing at the top

Rhythm Summary

Decline → Stop decline → Sideways → Rebound → Resistance oscillation

Technical Structural Features
15m:

Obvious higher lows
Upward trend
→ Short-term bullish dominance

MACD:

Golden cross in operation
Increasing volume on bars
→ Bullish momentum exists

RSI:

Above 60
→ Slightly strong

1H:

Still within a downtrend
But rebound structure is clear
→ Key turning point area

Conclusion

It’s no longer weak oscillation
The rebound has already started but is stuck at a key resistance level