The price of Ethereum saw a sharp pullback after breaking through $2300, triggering widespread discussion in the market about its future trends. As of 1:30 AM Beijing time, the price of ETH has fallen back to $2280. This pullback seems to confirm market expectations and provides investors with a new get on board opportunity.

Analysis of the daily chart shows that ETH touched as high as $2,320 before falling back sharply to a low of $2,185. The EMA trend indicator is contracting, and the EMA15 fast line is about to touch the 0.382 golden section resistance at $2425. The MACD indicator shows continuous shrinkage, with both the DIF and DEA lines falling below the zero line, suggesting that the bears are gaining strength. The Bollinger Bands are opening to the downside, and the lower band support is down to $2220.

The four-hour chart shows that after ETH price broke above the $2300 high, it quickly fell below $2200 and is currently consolidating around $2250. The EMA15 resistance is at $2280, and the MACD indicator shows that the volume is starting to expand, with the DIF and DEA lines forming a golden cross. If ETH can hold the $2200 support before 4 AM, it is very likely to oscillate around $2250 during the day and may test the mid-band resistance at $2315. However, the overall trend remains bearish, and investors should remain cautious.

In the short term, ETH may fluctuate between $2100 and $2350. When breaking down, pay attention to the support at $2150-$2100; when breaking up, pay attention to the resistance at $2300-$2350. Whether going long or short, reasonable stop-loss should be set to ensure capital safety.

The market is changing rapidly, and investors should closely monitor real-time quotes and adjust their strategies flexibly. The current ETH trend is full of uncertainty; it may continue its downward trend or stabilize and rebound at key support levels. Investors need to remain calm, analyze rationally, and act cautiously.