Brother Tong ETH Evening Real-Time Analysis

1. Cycle Conclusion
Daily Chart: Bullish trend remains intact, oscillating at high levels
Moving averages are in a bullish arrangement, the upward channel is complete; MACD red bars are shortening, momentum weakening, institutional funds are slightly net inflowing, the overall trend is bullish.
4-hour Chart: Short-term turns bearish, confirming a pullback
Break below EMA15/30, MACD death cross + top divergence, repeated high rebounds followed by pullbacks, unable to push higher, clearly indicating a downward correction in the short term.
Core conclusion: Do not chase longs when bullish, focus on a pullback in the short term.

2. Key Price Levels

Resistance Above
First resistance: 2350–2360
Strong resistance zone: 2380–2400 (psychological barrier, repeatedly not broken)
Support Below
First support: 2300–2310 (integer level)
Strong support: 2250–2270 (trend support band)
Ultimate defense: 2200

3. Market Interpretation
Major trend: Bullish structure is intact, as long as it does not break 2250, pullbacks are buying opportunities.
Short-term: Mainly oscillating downward, unable to break through 2360, first look for a pullback near 2300; if effectively broken below 2300, look towards 2250–2270 zone.
Caution against false signals: Repeated "rushing high and falling back" at high levels is a shakeout, not a breakout; chasing high will get trapped.

4. Evening Trading Strategy
Current price around 2315: Do not chase longs, try short positions with small size
Stop loss at 2400
Target 2300–2270
If pullback stabilizes around 2250–2270: reverse to long
Stop loss at 2200
Target 2350–2380
If effectively above 2360: clear short positions, follow the trend long, aim for a breakout above 2400$ETH