April 23 ETH Contract Intraday Trading Plan: Volatility Builds Up, Precise Entry Points for Short-Term Wins

Today, ETH shows a slight oscillation and accumulation pattern, closing slightly higher over 24 hours. The market is in a panic zone, with funds favoring mainstream safe havens. Short-term bulls are slightly favored but face obvious resistance above. The bulls and bears are engaged in fierce battles. Blindly chasing gains or cutting losses will only lead to repeated traps. Only by pinpointing key entry zones and strictly controlling the risk-reward ratio can one steadily profit in a volatile market.

From a technical perspective, ETH’s daily bottom is steadily rising, with good support from short-term moving averages. However, approaching previous highs, trading volume has not continued to increase, limiting upward momentum. The core intraday range is locked between $2300 and $2400, with $2300 as the dividing line between bulls and bears. Falling below this level would dismantle the bullish pattern. The $2380–$2400 zone is a dense area of strong resistance and also the short-term defensive line for bears.

Precise contract entry points are clear: for short-term, steady long positions, entering at $2320–$2330 on a rebound and stabilization is optimal. This is where moving averages and short-term support resonate, offering the best cost-performance ratio. Aggressive traders can add positions at the $2300 round number, with a unified stop-loss below $2280 to avoid pin risk. Take profit at $2380, with resistance at $2400 if broken.

For high-altitude positioning, wait for opportunities. When reaching the $2390–$2400 resistance zone, consider partial short entries, with a stop-loss above $2420. Target the support zone at $2340–$2320, playing the game of pressure and pullback.

The essence of trading is never about betting on market surges or crashes, but about restraining greed and respecting the trend. Currently, market sentiment is fragile, and leverage risks in contracts are increasing. Overall, intraday trading should be light and swing-based, with positions controlled within 20%. Avoid heavy positions, frequent counter-trend trades, or reckless holding. In volatile markets, patience is key. Waiting for precise entry points, balancing gains and losses, and combining offense and defense will help lock in stable profits amid ETH’s oscillations and market fluctuations.