ETH Market Analysis



2026/5/3
Valid for four hours
20-24 Jingxing

Main Path

2218 support → Oscillating upward → Breakthrough 2300
→ Surge to 2343 encountering resistance → Pullback
→ Second rally → Currently approaching above 2325 again

Current Structure:
Pullback without breaking → Second upward attack → Bullish dominance reestablished

Secondary Path

If steady above 2320
→ Bullish continuation
→ Attempt to break 2340-2350

If unable to break 2325 with a surge
→ Forming double top again
→ Fall back to 2300

Support Levels

2310 (Current support)
2300 (Key support)
2285 (Weakens if broken)

Resistance Levels

2325 (Current resistance)
2340 (Previous high resistance)
2360 (Breakthrough continuation level)

Alternative Path
Upward:

Break 2340 with increased volume
→ Second trend initiation
→ Watch 2360-2380

Downward:

Break below 2300
→ Double top confirmed
→ Fall back to 2280

Current:
Trend just turning strong, close to resistance level

Suggestion:
Light position testing, avoid chasing highs

Rhythm Summary

Rebound → Pullback → Rerally → Approaching previous high

Technical Structural Features
15m:

Clear ladder-like rise
Lower points continuously rising
→ Bullish control

MACD:

Re-entering golden cross
Bars enlarging
→ Momentum recovering

RSI:

60-70 range
→ Slightly strong but close to resistance

1H:

Structure has turned bullish
But near previous high resistance
→ Prone to false breakouts
ETH0.84%
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