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$ETH 🌙ETH Evening Market Analysis
The current weak structure of the second coin has not improved
The market is extremely weak, and the bulls are powerless, with the downward target pointing to 2263
📈Resistance structure above
Only by staying above 2306 can the current decline end and a rebound begin
First resistance zone: 2315-2344
For continued upward movement: previous high 2345
If unable to stay above 2306, short-term rebound is unlikely
📉Support strength below
2263 has been tested multiple times as a key defense, support is crucial
But rebound strength is very weak, and the bearish momentum is strong
Once effectively broken below 2263
The hourly weak structure continues to expand
Secondary support: around 2250
Ultimate bearish target: 2218
Breaking this level, the weak trend will continue to weaken, and the correction cycle will lengthen
✅Real-time trading strategy on the right side
▫️Long: volume breakout above 2302, follow the trend
Target 2315-2344, do not go long without a breakout
▫️Short: volume breakdown below 2268, no strength in rebound, re-enter on pullback
Strict stop-loss throughout to control risk
⏳4-hour & daily cycle trend
Break below 2280 → look down to 2250-2218
Daily danger threshold: EMA20 at 2313
If above the moving average, no issue; if below the flag pattern lower boundary, Fibonacci retracement target 2188
Be alert for a deep correction at the daily level