📣3/24 Ethereum Trend Detailed Analysis and Stable Trading Strategy Share:

Yesterday, the short position was affected by news sentiment, with the trend directly rallying 170 points. The profitable short positions resulted in stop-losses being triggered. Friends who followed the operations don't need to worry; I will help us recoup those losses.

From the four-hour Ethereum price trend analysis:

On the daily K-line level, March 23 showed a large bullish candle with massive volume, indicating strong buying interest. March 24 continued the uptrend, but volume contracted, suggesting short-term upward momentum may be weakening. On the 4-hour level, price rebounded from the lows, showing a mid-sized bullish candle with volume at 12:00 on March 24, but the subsequent K-line (16:00 on March 24) had a smaller body with diminished volume, possibly signaling the short-term rally is facing resistance or entering consolidation.

Technical Indicators:

MACD: On the 4-hour level, the DIF line has crossed above the DEA line forming a golden cross, and the MACD histogram is positive and continuously expanding, indicating strong short-term bullish momentum with an upward trend. RSI: The 4-hour RSI14 value is 56.96, located in a neutral-to-strong zone, not yet in overbought territory, suggesting further upside potential, but we need to monitor if the momentum can sustain. EMA: On the 4-hour level, price is above EMA7, EMA30, and EMA120, with the moving averages in bullish alignment, showing short-, medium-, and long-term trends all pointing upward. EMA7 (2143.26) and EMA30 (2135.38) form short-term support.

Trading Volume:

On the daily level, March 23's large bullish candle accompanied by massive volume confirmed the validity of the uptrend. March 24's volume decreased compared to the previous day; we need to monitor if subsequent volume can support continued price appreciation. On the 4-hour level, March 23 saw massive volume with violent price fluctuations, followed by some pullback. Recent upward volume has weakened, so we should be alert to short-term pullback risks.

Key Resistance:

Watch the 2192-2200 zone above as first resistance (confluence of prior high and Bollinger upper band). If breached, could target the 2300 level; if rejected and pulls back, watch the 2100-2115 zone (midline support).

Trading Recommendation:

Suggested entry of long positions near 2160-2170 for Ethereum, with target levels: 2200-2230. (Monitor closely whether the trend can rally and consolidate above 2250; if unable to consolidate above 2250, consider shorting in time.)

This strategy has time-sensitivity; strategy implementation is primarily based on free guidance! $BTC #BTC突破71000美元 #预测市场正在影响BTC走势？ #加密市场回涨 #巨鲸爆仓440万美元 #美股三大指数集体收涨 $ETH