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ETH Intraday Rhythm Review, Testing Support Levels Repeatedly, Key Points Set Direction
The overall market rhythm is moving exactly as expected. Last Friday, a high-pressure zone was identified in advance, and the market subsequently declined directly, with a nearly 200-point drop in a single trend, demonstrating precise rhythm control with no surprises.
In the early intraday session, the price quickly retested the lower boundary of the downward channel. Short-term funds showed strong absorption, relying on support to produce a weak rebound and correction. Attention is drawn to the 2250 key resistance and support level, which has already undergone an on-site test, and the support effectiveness is gradually weakening.
If the market retests again and the real body effectively breaks below 2250, the downward correction space will open up directly. The focus should then shift to gradually buying back at low levels within the support zone of 2200–2150, with phased low-position entries. The defensive zone is clear, and risk is controllable.
Conversely, if all supports below hold and the bulls stabilize and continue the rebound, the short-term strong resistance zone above is 2350. If it withstands the second test, the ultimate high-level resistance is at 2450.
Currently, the market is oscillating within a range, shaking out traders. Do not chase the rise or bottom-fish. Strictly execute in phases at key points, follow the rhythm, and profits will naturally be steadily secured!