[ETH hits resistance at high levels? Bears ready to erupt, starting to pull back today!]

Structural Analysis (1H + 4H)

4-Hour Level

Current price 2347, located in a high-level fluctuation zone (2300–2400)

Significant resistance above, previous rebound failed to break through key resistance

Current structure:

Rally followed by high-level consolidation, breakout failed → Bearish reversal imminent

1-Hour Level

High-level stagnation appears, with increased upper shadows

Multiple attempts to push higher failed, momentum clearly weakened

Moving averages gradually flatten, with a risk of death cross

Essential:

Weak rally → Increased short-term correction risk

Bearish outlook (core basis)

2347 is a high-level resistance zone, unable to break through effectively

Upward momentum is exhausted, short-term correction signs are obvious

If it falls below 2330, further correction space will open

Currently:

Consolidation at a high level → Bearish opportunity increases

Can directly open a short position at market price, with a strong expectation of short-term correction

ETH Today Short Strategy

Open position (short)

Market order to open: 2347

First take profit level

2318

Second take profit level

2293

Stop loss ( +1.5% )

2380