3.26 Market Outlook


ETH is currently showing a bearish structure on the 4-hour chart, with the Bollinger Bands continuously narrowing downward. The MACD is below the zero line, with increasing bearish momentum. RSI is at a low level without obvious divergence, indicating potential for further downside in the short term.
In terms of trading: Aggressive traders can consider short positions around 2080, targeting 2060-2020, with a stop loss at 2110;
If the price tests and stabilizes above the key support at 2015, consider long positions to catch a rebound, with a stop loss at 1980. Strict risk management is essential, and quick entry and exit are recommended for short-term trading.
ETH-4,72%
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