4/20 ETH open thinking reference

From the 1-hour level of ETH, the market structure is already quite clear, a typical rebound correction, the bearish trend is not over.

Currently, the price is oscillating around 2280, just hitting the short-term moving average, but above that near 2290, up to around 2304. This forms a resistance zone, which is also the most critical short-term bearish defense area.

So this wave is not a reversal, but a rebound
If the rebound does not break the structure, the high is an opportunity to short

ETH 2302-2310 to be sold in batches
First target is 2230
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