ETH Evening Analysis



ETH has formed an arc top + cup and handle structure on the hourly level, with the handle itself being a bearish flag pattern that has now broken down.
The bounce retest into the cup and handle failed, with 2202 being the current key resistance.
• Recovery above 2202 → hourly decline stops, potential for rebound
• Upper resistance: 2228–2271, break above to look for higher levels

Support below:
• Break below 2162 → look down to 2087
• 4-hour level: If 2156 holds, still expect a rebound; if broken, turns weak and enters the consolidation zone below

Trading suggestions:
• Volume breakout above 2196 → chase long on the right side, target 2234–2270

• Volume break below 2168 → chase short on the right side, target 2107–2068

$BTC
#Gate13周年全球庆典
BTC-3.69%
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