$ETH Oh

Ethereum: Losing the $2,000 Level, Are Big Players Accumulating? Ethereum has recently been weak, dropping below the psychological $2,000 mark on March 28, with a low of $1,958, and currently fluctuating around $1,990. The main suppressing factor is liquidity. Ethereum spot ETFs have experienced net outflows for eight consecutive trading days, with over $440 million withdrawn in total. On March 26 alone, $92.54 million was pulled out, led by BlackRock's ETH A. However, on-chain data shows positive signals. Analysis indicates that while retail investors are panicking and selling off, large holders' buy orders remain "very strong," absorbing sell pressure. This suggests that the chips below $2,000 are changing hands, and smart money is quietly positioning. From a technical perspective, the short-term key support levels are $1,950–$1,970. Holding above this range could lead to a rebound toward $2,080–$2,150; if broken, the next support levels are $1,900 and even $1,755. The ETH/BTC rate remains stable around 0.03, showing relative resilience compared to Bitcoin. Weekend strategy: Gradually buy the dip around $1,950–$1,970, with stops if it falls below $1,900; reduce positions on rebounds to $2,050–$2,080. Watch whether ETF fund flows reverse, as this is a key signal for a short-term sentiment turning point. --- #震荡行情交易策略 #Gate Square Disclaimer: The above analysis is for reference only and does not constitute investment advice. The market carries risks; please make decisions cautiously.

The overall trend remains oscillating and consolidating over the weekend. Bitcoin showed a certain oscillating upward structure during the day, with a low of around 66,600 and a rebound to recover. The relative strength gave a certain rebound. Currently, Bitcoin's highest price continued to be around 67,100, facing resistance and pulling back. Although there is a short-term rebound correction structure during the day, the overall trend is still relatively weak. As for Ethereum, there was a certain volume increase during the day, with a breakout above the 2200 level and continued upward movement. The highest price reached around 2050 before facing resistance and pulling back. The daily chart shows a continuous decline to near the lower band, which has stopped falling. Currently, there are no significant breakdown signals. There is some short-term consolidation, but as the market has not been profitable, the upward channel has been broken. The market remains dominated by bears, and weekend consolidation still leaves room for further decline. Looking at the four-hour chart, weekend consolidation does not necessarily indicate a trend reversal. Short-term consolidation is just a buildup for the bears. The candlestick pattern shows alternating bullish and bearish signals with oscillating upward movement. The rebound lacks strength and is only a phase for the bears to gather momentum. After weekend consolidation, there is still room for downward movement. The trading strategy remains bearish. Continue to maintain a short-term bearish outlook during the weekend. Over the weekend, focus on the 67,300-66,000 range for Bitcoin. For Ethereum, focus on the 1990-2040 range. #比特币震荡走弱 $BTC $ETH