4.13 Coin Market Mr. Coin: Ethereum (ETH)) Market Analysis Reference

Ethereum yesterday also failed to stay above 2300 after breaking through, short-term retracement within the day, gains mostly retraced, currently the retracement has exceeded one hundred points, and the market has returned to the previous oscillation zone.
On the 4-hour chart, a long lower shadow appeared near 2180, indicating short-term buying support at this level, currently the coin price is around 2200.
The daily chart has already closed three consecutive bearish candles, and the 2200 integer level has been tested repeatedly.
In terms of indicators, the 4-hour MACD has just formed a death cross and is diverging downward, and the red column on the daily chart is also shortening, indicating the trend is under pressure and retracing.
Currently, the coin price is fluctuating around the 5-day moving average, with both bulls and bears in a stalemate.
In the short-term trend, after the retracement, it is highly likely to enter consolidation.
So before breaking the level, my simple idea is: buy high, sell low.
Focus on resistance at 2278 above, support at 2160 below, then watch 2130.
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4.13 Ethereum short-term reference:
Range between 2245-2285,
defense at 2410,
target below 2200,
range between 2130-2170,
defense at 2070,
target above 2200.
The message may have delays, strategy suggestions are for reference only, market changes rapidly, no matter how confident in market judgment, stop profit and stop loss must be well managed, take profits and secure gains.