3.27ETH Market Analysis
On the daily level for ETH, the moving average system is fully in a bearish arrangement, with the 5-day, 10-day, and 30-day moving averages progressively pushing down. The K-line has continuously closed with bearish candles and has broken below the previous range's lower edge; the RSI has fallen to 35, entering the oversold area, and the MACD's death cross has led to a continuous increase in bearish momentum, with no effective stop-loss signals appearing on the charts yet.
On the 4-hour level, the price continues to weaken along the lower Bollinger Band, and the lower support has been broken; although the KDJ has entered the oversold area, there has not been a significant divergence formed. Market selling pressure has not been fully released, making a rebound likely to face resistance and fall back.
Operational Ideas
Short at 2070–2090, target 2020–1990
Long at 2000–2030, target 2060–2090