$ETH 📊 April 13th Latest Strategy & Analysis


ETH 🌐:
Short-term continues to decline from the high of 2329.99, after multiple dips, the current 15-minute price is oscillating around 2190.91. The Bollinger Bands are generally flattening and narrowing, with the price under pressure below the middle band at 2195.81. The upper band at 2206.40 forms strong resistance, and the lower band at 2185.21 provides short-term support;
The MACD indicator's DIF and DEA are converging and weakening, with the red histogram bars shrinking, indicating rapid decline in bullish momentum. Trading volume remains low, and in the short term, the market shows a lack of rebound strength with a bearish dominance, characterized by sideways oscillation.
📉 Bearish Logic:
The 2200-2210 zone above is a strong intraday resistance area. When the price rebounds to this zone, it is easily suppressed by the upper Bollinger Band at 2206.40 and the MA30 at 2198.59, making sustained rebounds difficult.
If the price cannot volume-break through the 2210 resistance, the downward trend is likely to continue. The first support is at 2170; if broken, the next targets are in the 2150-2130 range. In extreme cases, it may test the key support at 2100.
⚠️ Risk Warning:
If the price volume-breaks above 2210 and the MACD forms a second golden cross with volume continuing to expand, the bearish trend could quickly reverse. Be alert for a rebound rally to the 2230-2250 range, and strictly set stop-losses to avoid trend reversal risks.
🎯 Main Strategy: Bearish
• Short entry zone: 2200-2210
• First target: 2170
• Second target: 2150
• Stop-loss: 2220
ETH-1,36%
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