In April, $ETH presented an overall oscillating consolidation pattern, with prices mainly fluctuating in the range of 1700-1900, failing to break through previous highs or fall below key support levels.

High: In mid to late April, prices briefly approached 1830-1880 USD, testing previous resistance levels, but were hindered and fell back, failing to effectively break through 1850 USD (the liquidation heatmap shows significant short liquidation pressure in the 1830-1880 USD range).

Low: In early April and mid-month, prices repeatedly dipped to around 1770 USD, with some periods even touching 1750-1760 USD, but did not break below the key support level of 1775 USD (holding 1775 USD on the 4-hour level is a bullish signal).

Closing Trend: By the end of April, prices stabilized around 1790-1800 USD, with daily candlesticks mostly showing small bullish candles and doji patterns, and trading volume shrinking compared to March, indicating that the market has entered a high-level oscillation and digestion phase.

Ethereum oscillated in the range of 1770-1830 USD in April, failing to break through the resistance levels of 1837-1866 USD, while the 1775 USD support level was effective multiple times. Shrinking trading volume and neutral RSI indicate a lack of market momentum, intensifying the tug-of-war between bulls and bears.

Key Support and Resistance:

Support: 1775 USD (lower edge of the 4-hour channel), 1745 USD, 1695 USD.

Resistance: 1837 USD, 1866 USD, 1903 USD.