ETH Market Analysis

April 13, 2026
0-4
Main Path
Continued Weakness with Oscillating Downtrend
Rise → Peak → Volume Surge Downward → Sideways at Low Levels → Weak Rebound
Currently not a trend reversal but a consolidation after decline
In 15 minutes, it can be seen that
Price remains below the middle band of BOLL
Rebounds are all suppressed by the middle band
Key Points
Lows are gradually shifting downward
The structure shows no sign of trend reversal

Technical Structural Features
BOLL
Middle band continues downward
Price stays below the middle band
Indicating the trend remains bearish

MACD
Green bars persist
Although shorter, they haven't turned red
Indicating only a weak rebound

RSI
Always oscillating below 50
Indicating the bulls lack dominance
Main Path Judgment
The bearish trend has not ended
Currently in a downward consolidation

Secondary Path
If it reclaims and stabilizes above 2210 and the middle band
It will enter a sideways correction
Otherwise, it continues to decline

Support Levels
2170
2150
2120

Resistance Levels
2200
2220

Alternative Path
Breaking below 2170
Will continue to probe down to 2150
Breaking below 2150
Will accelerate downward
If volume surges and breaks through 2220
It may turn into sideways movement or even rebound

Trading Suggestions
Short Position Strategy
Rebound between 2190-2210 to short
Stop loss at 2230
Target 2170, 2150

Long Position Strategy
Lightly go long near 2150
Stop loss at 2120
Target 2180

Rhythm Summary
Currently, it is
A weak correction within a downtrend
Not a reversal
Just an opportunity for bears to re-enter
Conclusion
As long as it doesn't reclaim 2220
The overall outlook remains bearish
Rebounds are opportunities to short$ETH