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!
ETH-1.76%
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DaoPeripheralWorker
· 59m ago
If I really went back to 2150, I’d be more willing to slowly pick things up and leave myself some bullets.
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StargazingUnderTheGlassDome
· 1h ago
This kind of market condition is best suited for grid/trading in batches. If the direction is unclear, don't force a guess on the top or bottom.
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OwlMarketMonitoringLamp
· 1h ago
The fear is a false breakdown; it's best to wait for the closing confirmation around 2250 before adding positions.
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TheSolitaryRockBehindThe
· 1h ago
Those who caught the 200-point drop on the downside felt very comfortable; those who didn't catch it should also not rush to chase. It's easiest to make mistakes during volatility.
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Stop-LossInTheEveningGlow
· 1h ago
I pay more attention to the coordination of trading volume and funding rates; pure price levels can sometimes be swept back and forth.
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0xLateComer
· 1h ago
If 2350 holds steady, the rebound space will be much smoother; otherwise, it will just keep frustrating people.
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GateUser-44dde53b
· 1h ago
The most feared thing during range-bound oscillation is getting itchy fingers; your "not chasing the rise and not bottom-fishing" approach is crucial.
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L2NightRunner
· 1h ago
A quick reminder: The weakening of the 2250 support level's validity is very important. If it breaks, cut losses according to the plan; don't hold on.
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LatencyLullaby
· 1h ago
That SpaceX label on Gate is a bit over the top; be careful not to get caught up in the hype.
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