April 13, 2026 ETH Technical Analysis (Morning Update)

Current Price (UTC+8): approximately $2,235

1. Trend and Structure (Daily/4H)

• Trend: Short-term bullish oscillation, medium-term recovery, rebounded from $2,000 lows, breaking away from short-term weakness.

• Pattern: 4-hour ascending channel, daily chart above short-term moving averages, bulls are in control.

• Moving Averages:

◦ Short-term (MA7/MA20): $2,190–$2,200 (intraday strong support)

◦ Mid-term (MA50): $2,380 (strong resistance)

◦ Long-term: Still downward, but short-term turning upward

2. Key Price Levels (Today)

Support Levels (Defense)

1. $2,220–$2,200: First intraday support (MA7 + Bollinger middle band)

2. $2,160–$2,140: Core strong support zone (4H lower channel boundary + previous lows)

3. $2,100–$2,080: Critical line after breakdown

Resistance Levels (Pressure)

1. $2,280–$2,290: First intraday resistance (Bollinger upper band + recent high)

2. $2,320–$2,340: Strong resistance zone (March high + dense chip area)

3. $2,400–$2,420: Medium-term target after breakout

3. Indicator Signals (4H/Daily)

• RSI (4H): ~58 (neutral leaning bullish, not overbought)

• MACD (Daily): Golden cross, increasing red histogram, bullish momentum recovering

• Bollinger Bands: Price above middle band, approaching upper band, bullish bias

• Volume: Gentle rebound with increased volume, selling pressure light

• ETH/BTC: Exchange rate stabilizing, weak correlation with BTC, showing signs of independent strength

4. Today’s Strategy (Short-term)

✅ Mainly long positions on dips (buy on pullbacks)

• Entry: $2,220–$2,235

• Target: $2,280–$2,290 → $2,320

• Stop-loss: below $2,195

⚠️ Bearish Conditions

• Drop below $2,200 with increased volume → watch $2,140–$2,100

• Rebound to $2,290 encountering resistance and falling back → short-term bearish

5. Summary

Today, ETH is showing short-term strength with oscillating upward movement, focus on breaking $2,280–$2,290.
Stability above $2,200 suggests mainly long positions; losing $2,195 warrants caution for a pullback.