ETH Market Analysis

2026/4/25
Valid for four hours: 0-4
Main Path
High at 2423 peak → Continuing downward trend → Breaking below the midline → Low-range consolidation → Weak rebound → Currently trading sideways in the 2310-2330 zone → Weak oscillation structure dominated by bears
Secondary Path
Short-term repeatedly finding support above 2300
But rebound always fails to break through 2330-2340
If it continues sideways without volume → Likely direction is downward

Support Levels
2310 (current short-term support)
2300 (key support)
2280 (breakthrough acceleration level)

Resistance Levels
2330 (current resistance)
2350 (strong midline pressure)
2380 (trend reversal point)

Alternative Path
If volume breaks through 2330-2350
→ Structure shifts to stronger oscillation → Targeting 2360
If 2300 breaks down
→ Bears re-accelerate volume → Drop to 2280 or even 2250

Trading Suggestions
Short:
Pressuring short positions in the 2330-2350 zone
Stop loss: above 2360
Take profit: 2310 / 2300

Long:
Light short-term longs around 2300-2310
Stop loss: below 2280
Take profit: near 2330
Current market is a grinding phase, not suitable for chasing orders

Rhythm Summary
End of rally → Decline → Stopping decline → Consolidation → Weak rebound → Sideways again
Bollinger Bands
Price moves around the middle and lower bands
Middle band flat → Consolidation pattern
Overall still weak
MACD
Bull and bear switch repeatedly → No trend
Bars shorten → Momentum weakens
RSI
Oscillates in mid-low range → No clear trend
Typical consolidation market
Conclusion
Currently in a sideways consolidation phase within a bearish trend
Key Points
Failing to hold above 2330 → Continued bearish bias
Failing to defend 2300 → Accelerated bearishness
Short-term Strategy
Range-bound high shorting and low longing
Prioritize shorting at the top
Avoid chasing rallies and killing dips