$ETH April 20th, Second Candle Midday Thoughts:
If the 4-hour level effectively breaks below 2261, the downside space will look toward the 2218–2171 range.
The previous box of the second candle has already broken the level, and recent rebound attempts to test the upper boundary of the box, but have not regained operation within the box, indicating a weak structure.
Currently, the market is temporarily holding the key bullish line support near 2257; as long as this level is not broken, the trend still has a chance to recover; once it falls below 2257, it will further explore the 2196 level for