3.24 Ethereum Early Morning Market Analysis

From the 4-hour level perspective, the Bollinger Bands continue to open downward, with prices persistently suppressed below the upper rail over the long term. Multiple rebounds encounter resistance and fall back, with bulls showing continuous weakness in their counterattack strength and struggling to break through key resistance zones. Moving averages across all cycles display a bearish arrangement, with short-term moving averages continuously pressing down to form layered resistance, strictly limiting upside space. After a death cross at high levels, the KDJ indicator diverges downward, bearish energy continues to release, the overall market bearish structure remains solid, and short-term reversal signals have yet to emerge.

Currently, the market is primarily characterized by weak consolidation and downward movement. Any rebound is viewed as corrective action. In terms of operations, maintain a disciplined short strategy following the trend, avoid blindly catching falling knives, wait for rebounds to encounter pressure before entering positions in batches, strictly control position size and risk, and firmly adhere to trend trading discipline.

Operation Suggestions

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