3.24 Ethereum Morning Market Analysis

From a 4-hour perspective, the Bollinger Bands continue to open downward, with price persistently suppressed below the upper band over the long term. Multiple rebounds have encountered resistance and fallen back. The strength of bulls' counterattacks continues to weaken, making it difficult to break through key resistance zones. Moving averages across all periods display a bearish arrangement, with short-term moving averages continuously pressing downward, forming layer-by-layer resistance that strictly limits upside potential. After the KDJ indicator's bearish crossover at high levels, it diverges downward, with bearish momentum continuing to release. The overall market bearish structure remains solid, with no short-term reversal signals appearing yet.

Currently, the market is dominated by weak oscillations and downward movement. Any bounce is viewed as corrective action. Operationally, maintain a trend-following short bias, avoid blindly catching falling knives, and wait to enter in batches after bounce resistance. Strictly control position size and risk, and rigorously follow trend trading discipline.

Operational Suggestions

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