3.24 Ethereum Early Session Market Analysis

From the 4-hour level, the Bollinger Bands continue to open downward, with price under long-term pressure running below the upper rail. Multiple rebounds have been blocked and pulled back, with bulls showing sustained weak counterattack strength, difficult to break through key resistance zones. Moving averages across all cycles show bearish alignment, with short-term moving averages continuously pressing down, forming layered resistance levels that strictly limit upside space. After the KDJ indicator's death cross at high levels, it diverges downward, with bearish energy continuously releasing, and the overall market bearish pattern remains solid with short-term reversal signals not yet appearing.

The current chart is mainly characterized by weak oscillation and downward movement. Any rebound is viewed as corrective action. In terms of operation, maintain a trend-following short strategy, avoid blind bottom-fishing, wait for entries in batches after rebound resistance, strictly control position size and risk, and strictly adhere to trend trading discipline.

Operation Recommendations

Layout short positions in batches in the 2160-2180 range, with targets viewed around 1980-2030#Gate13周年全球庆典 #Gate储备金报告 #加密行情震荡