Ethereum has recently maintained high-level oscillations, appearing to be range consolidation, but in reality, bullish momentum continues to weaken. The key resistance above remains unbroken despite persistent attacks, while the 2100 support below appears effective but is actually precarious. Daily-level rebounds have shown exhaustion, with consecutive tests of upper resistance all ending in pullbacks. Bulls lack conviction in pushing higher, with the short term leaning more toward bears accumulating strength.
The current chart shows no obvious strong reversal signals; instead, multiple rallies have fallen back, exposing heavy selling pressure above. It is inadvisable to blindly buy the dip in the morning session. Instead, we should align with the short-term weak pattern and focus on selling rallies at higher levels.
**Operation Suggestions**
Sell in batches in the 2180-2200 range, targeting the 2100-2050 area on the downside.
3.25 Ethereum Morning Analysis
Ethereum has recently maintained high-level oscillations, appearing to be range consolidation, but in reality, bullish momentum continues to weaken. The key resistance above remains unbroken despite persistent attacks, while the 2100 support below appears effective but is actually precarious. Daily-level rebounds have shown exhaustion, with consecutive tests of upper resistance all ending in pullbacks. Bulls lack conviction in pushing higher, with the short term leaning more toward bears accumulating strength.
The current chart shows no obvious strong reversal signals; instead, multiple rallies have fallen back, exposing heavy selling pressure above. It is inadvisable to blindly buy the dip in the morning session. Instead, we should align with the short-term weak pattern and focus on selling rallies at higher levels.
**Operation Suggestions**
Sell in batches in the 2180-2200 range, targeting the 2100-2050 area on the downside.