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

Yesterday's short positions were affected by market news, with the trend rallying directly by 170 points, causing previously profitable short positions to hit stop losses and exit. Friends who followed the operations don't need to worry, I will bring everyone back to profitability.

From the 4-hour Ethereum price trend analysis:

On the daily K-line level, March 23rd showed a massive bullish candle with huge volume, indicating strong buyer participation. March 24th continued the uptrend, but volume contracted, suggesting short-term upward momentum may weaken. On the 4-hour level, price rebounded from its low, with a volume-accompanied medium bullish candle appearing on March 24th at 12:00, but the following K-line (March 24th at 16:00) had a smaller real body with contracting volume, possibly indicating the short-term uptrend faces resistance or is 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 reading is 56.96, in a moderately bullish region, not yet in overbought territory, suggesting the uptrend still has room, but attention should be paid to whether it can sustain strength. EMA: On the 4-hour level, price is above EMA7, EMA30, and EMA120, with moving averages in bullish alignment, showing short-term, medium-term, and long-term trends all pointing upward. EMA7 (2143.26) and EMA30 (2135.38) form short-term support.

Volume:

On the daily level, the March 23rd massive bullish candle with huge volume confirmed the validity of the uptrend. March 24th volume decreased compared to the previous day, requiring attention to whether subsequent volume can support continued price appreciation. On the 4-hour level, March 23rd saw huge volume with violent price fluctuations, followed by some price pullback. Recent uptrend volume has weakened somewhat, requiring vigilance against short-term pullback risks.

Key Resistance Levels:

First resistance above focuses on the 2192-2200 zone (intersection of previous highs and Bollinger upper band). If breakthrough occurs, could look toward 2300 level; if rejected and retreats, focus on the 2100-2115 zone (midline support).

Trading Recommendations:

Recommended to enter long positions near Ethereum 2160-2170, target levels: 2200-2230. (Keep timely attention to whether the trend can rally and stabilize above 2250; if unable to stabilize above 2250, consider shorting in time).

The 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