Evening Bitcoin Market Outlook

Bitcoin's overall trend remains weak, especially compared to the continuous decline of the Bitcoin exchange rate, with bulls struggling to gain momentum and it’s difficult to see an independent upward movement.
The hourly chart has broken below the key bullish trend line and also lost the 2306 support level, with a short-term downside target of 2263. If it stabilizes here, there is a possibility of a rebound; once volume increases and it breaks below, the next support is at 2218. Only if the price re-establishes above 2306 can the current downtrend be reversed, returning above the trend line, with a rebound target at 2345 and higher. Until it recovers the 2306 level, focus should be on the support at 2263 for signs of stabilization.

Trading Suggestions:
A volume breakout above 2302 on the hourly chart can be followed with a long position;
A volume breakdown below 2268 suggests a short position, closely monitor volume, and set strict stop-losses.
If the hourly price stabilizes above 2302, look for resistance at 2315‑2344;
A four-hour chart break below 2280 indicates a downtrend targeting 2250‑2218.
$ETH
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