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ETH short-term oscillation and consolidation, primarily high selling and low buying in the 2100-2200 range
Ethereum's hourly chart maintains narrow-range oscillation, with bulls and bears at an impasse between the 2100 support and 2200 resistance zone. Trading volume continues to shrink, and market sentiment is thin. MACD and RSI are weakening synchronously, with volume bars declining gradually and bulls lacking upward momentum.
The four-hour level is facing compression resistance, forming strong pressure around 2210. Without massive capital inflow to break through, rebound rallies will likely pull back after hitting higher levels. Currently, there is no clear directional trend; avoid blindly chasing highs and prevent being caught at elevated levels.
Trading ideas:
Under the oscillation pattern, stick to high shorting and low longing. Deploy short positions in batches near the 2200 resistance, and catch longs when pullbacks to 2100 support stabilize. Strictly set stop losses to control risk. Specific levels? Bamboo Leaf & Pin to Top try 🤔
$ETH #加密市场回涨