4.11 Cryptocurrency Expert: Ethereum (ETH)) Market Analysis

Referencing Ethereum's intraday trend, it is also showing a rebound.
Currently, the price is around 2240.
Bullish sentiment is gradually warming up.
If it can break through the previous resistance at 2275, the price is expected to further test higher levels.
On the short-term hourly chart, the 4-hour level looks not very optimistic.
A long upper shadow just formed, and after hitting 2258, it pulled back.
Short-term high-level selling pressure is very heavy.
Although the daily chart shows three consecutive bullish days,
Careful observation reveals that the 4-hour DIF has already crossed below DEA, indicating a death cross.
The MACD red histogram is also shrinking, and momentum is lagging.
Looking at volume, the 4-hour trading volume is only 16k,
Clearly below recent average, indicating market weakness.
Previously, on April 8th, a needle probe reached 2176,
With increased volume to 210k, indicating some bottom-fishing activity.
But subsequent rebounds saw decreasing volume, showing little willingness to chase high in the short term.
Currently, the price remains above the EMA7 (2213),
EMA30 at 2173 provides relatively solid support.
The short-term bullish structure is not completely broken yet,
But repeated attempts to break higher have failed, so caution is needed for potential pullbacks.
Before a clear breakout, do not blindly chase.
The intraday trend remains oscillating upward,
So the strategy is mainly to buy on dips, with rebounds as supplementary.
Upper resistance levels are at 2280 and 2310,
Lower support levels are around 2160.
Follow Expert Coin for real-time market analysis.
Ethereum short-term reference for 4.11:
Range between 2255-2305,
Support at 2480,
Target below 2210,
Range 2160-2100,
Stop loss 50 points,
Target above 2200.
Delay in message delivery may occur.
Strategy suggestions are for reference only.
Market changes rapidly.
No matter how confident you are in your market judgment,
Always set proper take-profit and stop-loss orders to secure gains.