$ETH 📊 April 22 ETH Latest Strategy & Analysis

ETH🌐：
The price started a strong rally from the low of 2280.82. Currently, on the 15-minute timeframe, the price has risen above the upper band of the Bollinger Bands. The highest point reached is around 2379.19, and the short-term outlook shows a one-way bullish trend. The Bollinger Bands’ opening continues to widen; the price moves strongly upward along the upper band. The middle band at 2331.99 and the MA7 at 2354.56 form step-like support; MACD readings are DIF=13.77, DEA=8.56, and MACD=10.43. The red histogram continues to expand and remains above the zero axis. Bullish momentum is being strongly released, trading volume increases in sync, and buying pressure dominates the market.
📈 Bullish Logic：
The 2350-2360 area below is a strong intraday support zone. If the price retraces back to this range, it will receive dual support from the Bollinger middle band and the previous breakout platform, so the pullback is unlikely to change the bullish trend. If the price holds above 2370, it will most likely continue moving upward. The first upside target is 2400. After breaking through, it may test the 2430-2450 range. In extreme market conditions, it could test the prior high near 2480 where pressure is expected.
⚠️ Risk Warning：
If the price fails to hold the MA7 support at 2354.56, and MACD shows a top divergence while trading volume shrinks, the bullish trend may quickly retrace. Stay alert for a pullback to the 2330-2310 range, and strictly set stop-loss orders to avoid the risk of a trend reversal.
🎯 Main Strategy： Slightly Bullish
• Long entry range： 2355-2360
• First target： 2385
• Second target： 2400
• Stop-loss： 2340