Overall Market Trend Analysis Today

Current Price: Around 2340-2350 USD (slightly volatile compared to yesterday, 24-hour increase approximately 0.6%-1.5%, intraday fluctuation roughly between 2330-2368).
Key Observation: ETH reached a recent high of 2419 on April 14, then experienced profit-taking. Yesterday's high was about 2385, and today it continues to recover within the 2300-2370 range, without breaking key support levels. The bulls' defense remains effective, but selling pressure above still exists.
Technical Features: Price repeatedly fluctuates around multiple moving averages, with trading volume decreasing slightly at high points. The MACD red bars may narrow slightly or show signs of correction, and the KDJ indicator is in a neutral zone. Overall, it is a high-level oscillation and correction phase, with the trend not yet fully clear.
Main Tone: Short-term rebound structure still exists, but chasing highs carries significant risk. It is advisable to wait for a pullback to the 2300-2325 support zone for stabilization before considering long positions. If a volume-driven breakout above 2410-2420 occurs, target levels can be adjusted upward to 2450+; if it falls below 2270, the structure weakens further, possibly testing the 2250-2280 area.
Risk Reminder: Cryptocurrency markets are highly volatile. BTC correlation, geopolitical news, macroeconomic data, or unexpected events can quickly disrupt the current pattern. Stop-losses must be strictly enforced. This forecast is for reference only and not investment advice. Please operate based on real-time candlestick data, volume, and your own risk tolerance.