ETH April 22, 2026, Global Spot Price Technical Analysis

Current Price: 2311 USD (Global standard spot fair value, excluding exchange premiums)
Following BTC's movement throughout, no independent bullish momentum, during decline, shorts cover and rebound, long-term bearish structure remains unaltered.

1. Precise Key Price Levels

Resistance Levels

• Intraday First Resistance: 2338~2346

• 4H Strong Resistance: 2355~2365 (Descending trendline + accumulation zone of trapped positions)

• Trend Ceiling: 2380

Support Levels

• Intraday Support: 2302~2310

• 4H Defensive Lifeline: 2285~2292

• Mid-term Strong Bottom: 2260

• Extreme Downside Target: 2230~2240

2. Multi-timeframe Market Analysis

1-Hour Short-term

BTC drives rebound sideways, price rises while volume decreases, lack of incremental buy orders; RSI approaching overbought, upward momentum waning, short-term correction pressure building; MACD below zero line with a bullish crossover showing stagnation, only short covering and stop-loss repairs, no trend bullish signal.

4-Hour Cycle

Price moves below the middle band of Bollinger Bands, oscillating within a downward channel for correction; moving averages remain bearish, volume lacks sustainability, upward moves accompanied by selling pressure.

Daily Long-term Cycle

Price remains below all medium and long-term moving averages, overall downtrend unchanged; ETH/BTC ratio at recent lows, continuously underperforming BTC; no independent fundamental drivers, rebound lacks sustainability.

3. Liquidity Structure

• Above 2346: Bearish liquidation pressure dense, upward resistance heavy

• Around 2305: Short-term bullish liquidity attraction, natural support on pullback

• Effective break below 2285: All rebound structure invalidated, resuming downward trend

4. Intraday Trading Strategy

1. Short on Rises (Main Strategy)
Entry: 2338~2346
Take Profit: 2310 → 2290
Stop Loss: Above 2370

2. Light Long on Dips (Speculate on Rebound)
Entry: 2302~2310
Take Profit: 2330 → 2340
Stop Loss: Below 2282

3. Risk Control Red Line
Hold above 2365 to exit short positions;
Break below 2285 to exit all long positions.