3.29 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference

Ethereum has been under pressure around 2049 during the day, with the trend consistently hovering around the 2000 level. The overall trend for the day is weak, and if the low support is broken, there is a risk of further testing around the 1900 level. I hope everyone is prepared in advance.

On the short-term four-hour chart, the trend is operating in the middle to lower track area, and the Bollinger Bands are in an opening posture. Currently, the upward momentum is not strong, with short-term resistance focused on the 2050-2070 range. If it cannot break and stabilize above this range during the day, there is a risk of further decline. The current trend maintains a weak consolidation, and if the trend breaks downward, consider following up with light positions.

Our short-term strategy remains cautious, primarily focusing on rebound opportunities.

3.29 Ethereum Short-term Reference:

2095-2065 range, defense at 2280, target below 2020,

1960-1910 range, stop loss 50 points, target above 2000,

The sending of chapters is delayed, strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment on the market is, make sure to have your take profit and stop loss in place for safety. #BTC #ETH #ETH（二饼） #摩根士丹利比特币现货ETF