4.25 ETH Market Overview

I. Market Review
Last night, the US stock market opened high and moved higher, but ETH did not follow the rally, surged to 2320 then pulled back, opening this morning at 2314, and traded within a narrow range of 2305-2320 throughout the day. Currently, it is in a sideways consolidation, with both bulls and bears showing weak momentum.

II. Trend Judgment
The most probable scenario today is sideways consolidation: the price is constrained by moving averages and the range, RSI, MACD, and KDJ indicators are all in neutral zones, with no clear short-term direction. It is likely to oscillate within 2305-2320, waiting for a trend to emerge.

III. Key Levels
Support levels: 2305 (intraday low, first support), 2298 (strong support, a break indicates continued weakness)
Resistance levels: 2320 (intraday high, short-term resistance), 2330 (strong resistance on rebound, a breakout opens upward space)

IV. Practical Entry Points and Position Management
Long on the lower side (oscillation along the lower boundary) → Entry zone 2305-2308 (rebound from support and stabilize) → Stop loss below 2298 (break of strong support, exit) → Take profit at 2318-2320 → Position size: single trade ≤3%, light position for trial and error

Short on the upper side (oscillation along the upper boundary) → Entry zone 2318-2320 (rebound with pressure and fall back) → Stop loss above 2330 (break of strong resistance, abandon short) → Take profit at 2308-2305
→ Position size: single trade ≤3%, light position for trial and error

V. Position Management Discipline
1. In a sideways market, avoid heavy positions and chasing orders; only buy low and sell high at the edges of the range.
2. Single trade position should not exceed 3% of total funds to avoid passive losses on trend breaks.
3. If volume breaks 2330, consider light long positions; if it falls below 2298, immediately observe and wait for the trend to clarify. #加密市场行情震荡