#ETH Friday, April 24th, Bitcoin thoughts at noon

The 4-hour cycle structure is relatively weak; a significant break below 2283 support will lead to further decline toward 2234 and 2174.
Yesterday, dragged down by Bitcoin's sharp plunge and needle insertion, the triangle consolidation structure of Bitcoin was completely broken, and the market continued to weaken.
Currently, the short-term support at 2289 is in imminent danger; once broken, the market will likely retest the 2236 level.
To reverse the decline and initiate a rebound in the short term, it must re-enter the triangle structure and stay above 2333.
If it cannot recover the key resistance, sideways downward movement will be the main trend moving forward.
Trading suggestions:
Break above 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 retests and stabilizes at the support level of 2249, consider light long positions; 2219 is a key defense level, and a break below the body immediately triggers stop-loss and exit.
If the hourly chart stays above 2320, the bullish continuation targets are 2359 and 2387;
When reaching the strong resistance area at 2387, consider a short-term short position. If a strong breakout occurs above 2422, close the short position to stop loss.