Midday Double Coin Strategy

The 4-hour cycle structure is relatively weak, and a valid break below the 2283 support level will lead to further decline toward 2234 and 2174.
Yesterday, dragged down by the sharp plunge of Bitcoin, the Double Coin triangle consolidation structure was completely broken, and the market continued to weaken.
Currently, the short-term support at 2289 is in imminent danger; once it is broken, the market will likely retest the 2236 level.
To reverse the decline and initiate a rebound in the short term, it is necessary to re-enter the triangle structure and stay above 2333;
If the key resistance cannot be reclaimed, the main trend will be oscillating downward.
Trading suggestions:
Break through 2320 with volume, confirm stabilization on the hourly chart, follow the trend to go long, and tighten stop-loss;
Once volume breaks below 2299, the short-term pattern weakens, follow up with short positions, and strictly implement stop-loss risk control.
If it stabilizes at the 2249 support level after retesting, consider light long positions; 2219 is a key defense level, and a break below the body immediately triggers a stop-loss and exit.
If the hourly chart stays above 2320, the bullish continuation targets are 2359 and 2387;
When approaching the strong resistance area at 2387, consider a short-term short position, and if it strongly breaks through 2422, stop-loss on the short position. $ETH