April 18, 2026 ETH Technical Analysis

Real-time Market Data

Current Price: 2351
24H Change: -2.89%
Intraday Range: 2348 ~ 2465
Overall rally followed by a pullback, linked to a weakening broader market, bullish momentum exhausted.

Key Price Levels

Resistance Levels

• First Resistance: 2380

• Second Resistance: 2400

• Strong Resistance: 2425, 2465

Support Levels

• First Support: 2348

• Strong Support: 2320

• Breakout Defense: 2300

Technical Structure

Daily chart shows a rally followed by resistance and a pullback, with all short-term moving averages turning downward, indicating downward pressure. The 4-hour structure is complete with a downtrend.
MACD shows a persistent increasing green bearish histogram, RSI is in the weak zone, with sufficient downside momentum. Rebound volume is lacking, indicating a overall correction trend.
No independent bullish strength; the price follows Bitcoin’s downward movement throughout.

Trading Strategy

Bullish
Stabilize around 2320–2348, enter light long positions on dips
Stop-loss: 2295
Target: 2380 → 2400

Bearish
Rebound to 2380–2400, enter short positions at the top
Stop-loss: 2430
Target: 2348 → 2320 → 2300

Summary

Short-term dominance by bears, weak oscillating downward trend, with multiple resistance levels above. Rebounds are mainly corrective retracements under pressure.
Until volume confirms a break above 2400, the overall bearish pattern remains unchanged; a break below 2320 would open further downside space.