ETH Today's Textbook-Level Price Action: Starting from the 2085 low, 4H saw three consecutive large green candles pulling up 153 points to the 2288 high, with gains exceeding 7.5%.

The core drivers came from two volume breakouts — the first wave at 1H level went directly from 2112 to 2183 (Vol 40M), the second wave from 2179 to 2255 (Vol 50M), both accompanied by massive volume confirmation. However, at the 2288 high, classic liquidity sweep occurred: after spiking higher on 5M level, it immediately dropped, with upper wick + 7M massive volume followed by sharp drop to 2260, then entered 2260-2270 sideways consolidation.

1H closed with large red candle 2279 to 2260 (-19 points), the first bearish candle body in this rally. Current 4H structure remains intact (three large green candles unbroken), 1H has not yet broken the 2255 key CHoCH level, but short-term momentum has clearly exhausted, 15M and 5M showing continuous volume contraction and sideways movement. 2260 has been tested four+ times, each time holding but with decreasing rebound strength. Bulls need to reclaim above 2271 to prove continued strength, otherwise persistent volume contraction and downtrend risks breaking 2260 and then testing 2255. Currently in a game zone, not advisable to chase highs or cut lows; wait for key level breakouts before entering. Operationally, prioritize going long on pullbacks following the 4H major trend, but must wait for confirmation signals, cannot catch support naked. Shorting requires stricter conditions — at least 1H structure breakdown is worth counter-trend shorting.