Today’s evening outlook for the second session (Wednesday)

1. Core Bearish Logic
1. Positive news has been fully priced in, rallying then pulling back
Triggered by the US-Iran ceasefire, a short-term surge to $2,273 followed by a pullback, daily candle closes bearish, bullish momentum wanes.
Conclusion: Positive factors are digested, strong resistance at 2270–2300.
2. Mid-term trend: No breakout of the downtrend channel
Still within the medium-term downtrend channel; rebounds are oversold corrections, not reversals.
Strong resistance zone: 2300–2330 (channel upper boundary + MA90).
3. 4-hour level: Bearish divergence + indicator turning bearish (strong bearish outlook)
• MACD: New highs in price, decreasing red bars, bearish divergence
• KDJ: Overbought (80+), turning downward, overbought weakening
• RSI: Receding from 60+, bullish momentum diminishing
• Moving averages: MA5 turning down, about to cross below MA10
4. Capital divergence (institutional selling)
• Price rebounds, but ETH ETF net outflows (over $60 million on April 7)
• Rebound with decreasing volume, increased volume on pullback, buying strength weak, selling pressure heavy
2. Key levels for tonight
• First resistance: $2,270–2,290 (intraday high)
• Second resistance: $2,300–2,330 (strong resistance zone)
• First support: $2,200–2,210 (EMA20)
• Second support (break level): $2,160–2,170 (upper boundary of the range)
• Third support: $2,080 (4-hour strong support)
3. Evening bearish trading reference
• Entry: Short at $2,260–2,280 high
• Stop-loss: Above $2,320
• Targets:
◦ First target: $2,200
◦ Second target: $2,160–2,170
◦ Third target: $2,080 (if broken, expect continuation)
4. Risk warning
• Influenced by wFOMC minutes, volatility may increase.
• If volume stabilizes above $BTC #加密市场回升 $BTC $ETH