#ETH承压期 Ethereum four-hour timeframe shows a pattern of oversold conditions with a weak rebound and an unchanged bearish structure. The price is oscillating near a key support level, with insufficient rebound momentum, so caution is needed for a potential second decline.

Ethereum has fallen approximately 5.1% over the past 24 hours, with a daily low of $2,219. The rebound has been about 7.7%, but it failed to break through the critical resistance at $2,400.
K-line pattern and structure: Overall, a suppression structure with successive lower highs has formed. Previously, the rebound to around $3,033 encountered resistance and fell back, indicating weak bullish momentum. Recently, a large bearish candle broke below the $2,300 key support. Currently, it is consolidating in the $2,280–$2,350 range, with a high likelihood of continuing downward or dropping after a technical rebound.
Moving average system: Short-term, mid-term, and long-term moving averages are all in a bearish alignment. The price has broken below EMA7, EMA30, and EMA120. EMA7 (around $2,429) acts as a strong resistance, making effective breakout difficult.
MACD: DIF and DEA continue to diverge downward below the zero line, with increasing histogram bars, indicating a clear bearish trend. No golden cross signals are present.
RSI (14): At 17.50, in the oversold zone, but no obvious rebound signs. After oversold conditions, weakness may persist, so watch for stabilization signals.
Strong resistance: 2390–2400( intraday rebound high. Breakout requires volume; otherwise, the rebound will be limited).
Weak support: 2280–2295( recent lower boundary of consolidation. Breaking below opens further downside space).
Strong support: 2221–2250( near the intraday low, serving as a short-term critical defense level).
Trend judgment: The four-hour timeframe is dominated by a bearish trend. Currently, it is only a technical rebound after oversold conditions, with no reversal signal. Confirmation requires the price to stabilize above key support and break resistance with volume.
Ethereum trading strategy:
Bearish: Light short positions can be taken if rebounding to $2,340–$2,360, with a stop-loss above $2,410, targeting the first support at $2,280. If it breaks below $2,280, add to short positions aiming for $2,220.
Risk control: Strictly manage positions, avoid heavy leverage, and adjust strategies promptly after key levels are broken to prevent market volatility risks.