3.13

Ether rebounded twice to a high of 2148.00 before rapidly declining, with the candle printing a long upper wick. Bulls encountered strong resistance with momentum quickly fading, and short-term bullish momentum showing a clear downturn.

Current price has rebounded to the resistance zone that resonates with the Bollinger upper band. Short-term moving averages have turned down forming reverse resistance, compounded by insufficient volume follow-through, leaving the rebound lacking sustained upside momentum with significant difficulty for continued gains in the short term.

KDJ has turned down from overbought levels, with clear short-term bearish signals confirmed, as price enters a technical correction phase.

Operation Suggestions

Sell in batches on rebounds around 2140—2180, targeting 2080—2040. Implement strict risk management and trade with the trend. $BTC ‌ $BNB $ETH