2026-04-11 05:09:33

Saturday ETH Market Analysis

From a technical structural perspective: the market is moving along the lower boundary of the channel, short-term indicators are deeply oversold, the medium-term correction has not yet completed, major positions have shifted from bullish to neutral slightly bearish, and retail traders' long-short battles are balanced, with long positions slightly favored.

Support below: the core defensive level is 2233; holding this position means there's no need to test the 2193 support. Relying on the lower boundary of the channel for oscillation and upward movement, only a breakthrough of the previous high can open up upward space.

Resistance above: the first resistance is 2253; after volume increases and stabilizes above this level, the upward target is in the 2293-2338 range.

If the 2230 level is effectively broken downward, the next supports are 2196 and 2159.

ETH2,35%

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