$ETH 📊 April 28 ETH Latest Strategy & Analysis

ETH🌐:
Since rebounding from around 2263.25, the current 15-minute price has broken below the middle band of the Bollinger Bands, operating below the middle band, with short-term bearish momentum dominant. The Bollinger Bands are beginning to narrow, with the price moving along below the middle band, which is at 2296.05, and the upper band at 2310.06 forming a stepwise resistance; MACD indicator DIF = -0.61, DEA = 1.28, MACD = -3.79, with the green bars continuing to expand and operating below the zero line, indicating that bearish momentum is gradually releasing. Trading volume continues to shrink, and selling pressure dominates the short-term market.

📉 Bearish Logic:
The area between 2295-2305 above is a strong intraday resistance zone. The price's rebound in this area is hindered by the double resistance of the Bollinger Band middle line and the previous consolidation platform, making it difficult for the rebound to change the overall weak downward trend. If the price fails to break above 2310.06, it is likely to continue downward, with the first target at 2280. If broken, it could test the 2265-2260 range, and in extreme cases, test the previous low support at 2250.

⚠️ Risk Warning:
If the price reclaims the upper band of the Bollinger Bands at 2310.06 and MACD shows a bullish divergence with increasing volume, the bearish trend could quickly reverse. Caution is advised for a potential rebound to the 2320-2330 range, and strict stop-loss measures should be set to avoid trend reversal risks.

🎯 Main Strategy: Slightly Bearish

• Short Entry Zone: 2295-2305

• First Target: 2280

• Second Target: 2265

• Stop-Loss Level: 2315