WallStreetLittleCake

Currently, the 1-hour structure is in a consolidation phase after a sharp rise and pullback, with the 2329 high point confirming the top of the phase. The price gradually declines and enters a range-bound consolidation. The area between 2160 and 2140 below is a clear support zone, overlapping with the previous initiation point and structural support area. The MACD momentum continues to weaken but has not volume-sharply declined, indicating that although the bears are dominant, their strength is limited. If the 2140 support is broken, the market may further decline toward the 2100 level; if it

April 11 ETH Midday Analysis
$ETH Current price 2246, up 2.8% intraday, funds continue to flow net inflow, bullish sentiment warms ✨
The 15-minute Bollinger Bands are strongly running along the upper band, moving averages are consolidating in a tight range, waiting for a breakout
MACD is forming a golden cross at a low level with increasing volume, downward momentum is exhausted, and the rebound potential continues to strengthen
Short-term support at 2235-2241, buy on dips, target the previous high of 2257
Resistance at 2257-2260, if not broken under pressure, consider high-altitude trading
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