$ETH Market Analysis
The dog with yellow fur is ready to perform, stay tuned. Here’s a brief analysis.
Risk Warning: The following content is only a technical analysis and does not constitute investment advice. Cryptocurrency is highly volatile, and it is essential to strictly control positions and stop losses.
1. Current Status
Price: Around 1990
Has broken below the previous low of 2024, creating a new low for this phase.
On Friday (3.27), it broke down significantly below the 2000 mark, with bears in control.
2. Key Support/Resistance
Resistance Level (Short Position)
First Resistance: 2024 (After breaking, it becomes resistance, the dividing line between long and short positions)
Second Resistance: 2032 (4-hour level stop-loss line)
Strong Resistance: 2081 (Dense trading area on the left)
Support Level (Long Position)
First Support: 1986 (Flag pattern lower boundary + 4-hour Fibonacci 1:1 target 1987)
Second Support: 1927 (Strong support below)
Extreme Support: 1855 (4-hour Fibonacci 1.618 target)
3. Evening Trading Strategy
1. Bearish Outlook (Main Trend)
Left-side Short: Rebound near 2081, stop loss at 2095, target 2032 → 2024 → 1986
Right-side Short: Confirm after breaking 2032, stop loss at 2045, target 2024 → 1986 → 1927
Key: If 2024 cannot be regained → bearish continuation; if 2000 breaks again → further decline.
2. Bullish Outlook (Only a rebound, not a reversal)
Condition: Must stabilize above 2024 (4-hour closing) to be considered a false breakdown.
Entry: Stabilize at 2024 with a light position to try long, stop loss at 2015, target 2032 → 2050 → 2081.
Reminder: If it does not stay above 2032 in 4 hours → hard to say stop decline.
3. Defense and Risk Control
Break below 1986 → look for 1927; if 1927 breaks again → look towards 1855.
Friday has already experienced a “Black Friday,” Saturday's volatility may converge, but the direction remains unchanged.
Do not chase missed points, wait for the next structure to enter.
4. 4-Hour Level Technical Conclusion
Fibonacci Retracement: 1:1 target 1987 (already reached); 1.618 target 1855.
Stop-loss Signal: Must stay above 2032, otherwise any rebound is a trap for bulls.
Volume: Downward increase in volume, rebound decrease in volume → Bears dominate.
5. Summary
2024 is the lifeline for bulls and bears; stabilize to see a rebound, if not stable, look at 1986 → 1927 → 1855. Strict stop losses, do not bet on the direction. #特朗普再挺比特币