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ETH Intraday Rhythm Review, Testing Support Levels Repeatedly, Key Points Set Direction
The overall market rhythm is moving exactly as expected. Last Friday, a high-pressure zone was identified in advance, and the market subsequently declined directly, with a nearly 200-point drop in a single trend, demonstrating precise rhythm control with no surprises.
In the early intraday session, the price quickly retested the lower boundary of the downward channel. Short-term funds showed strong absorption, relying on support to produce a weak rebound and correction. Attention is drawn to the 2250 key resistance and support level, which has already undergone an on-site test, and the support effectiveness is gradually weakening.
If the market retests again and the real body effectively breaks below 2250, the downward correction space will open up directly. The focus should then shift to gradually buying back at low levels within the support zone of 2200–2150, with phased low-position entries. The defensive zone is clear, and risk is controllable.
Conversely, if all supports below hold and the bulls stabilize and continue the rebound, the short-term strong resistance zone above is 2350. If it withstands the second test, the ultimate high-level resistance is at 2450.
Currently, the market is oscillating within a range, shaking out traders. Do not chase the rise or bottom-fish. Strictly execute in phases at key points, follow the rhythm, and profits will naturally be steadily secured!

A man in Qingdao paid 400 yuan for a service appointment, but after seeing the other person in person, he immediately regretted it and wanted a refund, and the result… he was detained for 5 days!
Here's what happened: Qingdao, Shandong. Mr. Wang was on a business trip staying at a hotel, and he was lured by a small card at the door, paying 400 yuan online.
After the woman came to his room to take a shower, he turned on the light and was disappointed by her appearance and figure, immediately requesting to cancel the transaction and get a refund.
The money had already been transferred to the platform, so the woman couldn't refund it, and the two argued on the spot.
A neighbor heard the commotion and called the police, who raided the scene and took both of them away.
The police station determined that Mr. Wang was engaging in illegal prostitution, and he was administratively detained for 5 days. Mr. Wang disagreed, claiming "I voluntarily gave up, no actual transaction occurred, so it's not illegal," and even sued the police in court.
What was the outcome? The court upheld the original punishment.
From contact and payment to the woman's visit, the entire act already constitutes an attempt to commit the crime; simply "regretting after seeing face" does not exempt from liability.
Impulsiveness is the devil… 400 yuan learned a profound lesson.
What do you all think? In this situation, should it be considered "completed" or "interrupted"? Feel free to discuss rationally.

Seven weeks of Middle East conflict are expected to reveal their economic impact through a second round of purchasing manager indexes and inflation data from multiple countries in the week of April 20–24, 2024. The International Monetary Fund warned of potential near-recession risks, with IMF

ETH Short-term Market Analysis: The Range-Bound Pattern Remains Unbroken, Key Support and Resistance Levels Are Clear!
Currently, $ETH 4-hour chart shows the overall movement trapped within the 2300-2400 range, with sideways oscillation. Both bulls and bears are engaged in a tug-of-war, with no clear unilateral trend emerging in the short term. Overall, trading opportunities are relatively limited.
From the market trend perspective, there is significant selling pressure above 2400. The price has tested this level multiple times but faced obvious resistance and pulled back. The selling force on the upside is strong, making it difficult for the bulls to achieve an effective breakout. The price continues to consolidate within the range with narrow fluctuations.
In terms of short-term trading, the key dividing line between bulls and bears is very clear:
Upper resistance reference: Focus on the upper boundary of the range at 2400-2415. If the price rebounds to this level and shows clear signs of resistance and pullback, it presents a good opportunity for shorting. This is currently a relatively safe short-term short zone.
Lower support focus: Currently, hold and observe within the existing oscillation range. If the price breaks downward later, wait for a test of the trendline support at 2200-2175. This zone is an important defense line for the bulls. After a rebound and stabilization, look for low-buy opportunities.
At present, the market is in a phase of oscillation and grinding without a clear trend. In trading, avoid chasing highs or selling at lows. Strictly base your positions around key support and resistance levels, and manage your risk with proper stop-loss settings. Wait for a breakout from the range and a clear directional move before adjusting your trading strategy accordingly.
Core short-term idea: Trade high on the short side and low on the long side within the range; once broken, follow the trend promptly. Conservative traders can wait and observe for more definitive entry signals!

ETF FLOWS UPDATE
$BTC : +$186.03M
$ETH : +$67.85M
$SOL : +$5.36M
$XRP : +$17.11M
All major crypto spot ETFs posted solid net inflows yesterday.
Institutions continue stacking across Bitcoin, Ethereum, Solana, and XRP.
Steady accumulation continues. 📈
#USStocksHitRecordHighs