$ETH Tuesday, March 31st, Awei's Evening ETH Outlook



From the 4-hour timeframe, the KDJ has already completed a golden cross and the RSI has clearly risen from the lows, indicating that the previous bearish momentum is gradually waning. Last night's sharp decline has mostly been absorbed, and there are signs of stabilization in the market. Looking at the rhythm, ETH's recent rebound is noticeably stronger than BTC's, with capital flowing back, and short-term sentiment is slowly recovering.

But to be honest, the overall trend hasn't fully turned bullish yet. This rebound is more like a breather rather than a complete reversal.

For trading, consider shorting in the 2040-2060 range, and gradually build positions. The initial target is around 1920.

In simple terms, this is a rebound to give you a good entry point. Major players want you to comfortably go short. Don't get fooled by one or two bullish candles. Follow the rhythm, and profits will come naturally. #美共和党提出美国挖矿法案 #加密市场普遍上涨 #美股三大股指期货转涨
ETH3,62%
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