ETH: Van de Poppe Flags $2320 and $2230 Long Zones

Michaël van de Poppe called out two key levels on ETH for potential longs at sub-$2320 or $2230 on a deep wick, noting Bitcoin's ongoing drop is stirring market fear.

Price sits at $2339.52 inside the Bollinger Bands with the lower band at $2308.23 acting as immediate support. The EMA50 at $2417.89 and EMA200 at $2497.86 remain firm resistance overhead while the MACD death cross at -22.37 confirms the bearish structure. RSI at 37.21 shows neutral momentum, leaving room for a test of the $2320 zone before any deeper wick toward $2230 aligns with the lower band exhaustion target.