Crypto Scholar: March 20 Ethereum Short-term Short-selling Logic Fully Broken Down! Is Every Rebound a Short-selling Opportunity? Latest Market Analysis and Strategy Reference

Ethereum current price 2120, this sharp decline of number two is not doomsday, but definitely not a good time to bottom-fish! The pullback from 2385 to 2103 has panicked many coin friends - either they're stubbornly holding or blindly buying the dip. I decisively stopped loss and reversed south at 2320, not because of weakness but basic trading discipline - preserving capital to wait for the next opportunity. The current chart is very clear, short-term weakness but not extreme crash yet. Stay calm and don't let emotions drive you! Don't tell me about long-term holding while breaking support on short-term - that's not investing, that's gambler's mentality.

Daily chart topped at high levels, pullback trend established. Number two formed volume-driven black candles from 2385 high, daily decline exceeding 3%, K-line pattern forming dark cloud cover and consecutive bearish pullback combination, completely pierced 2280 key support, confirming short-term top signal. Currently K-line operating above 2075 Bollinger midline, but MACD red column rapidly shrinking, DIF turning downward, indicating upside momentum significantly weakened, downside now dominating the market. Major institutions broke below EMA15/30 short-term moving averages, 2280-2300 zone converted from support to strong resistance, lower strong support at 2100-2150.

Four-hour sharp decline then weak stabilization, rebounds are short-selling windows. After sharp decline, temporarily stabilized near 2103, currently weak oscillation around 2126, EMA alignment forming bearish arrangement, price firmly pressed below midline 2257, any rebound is bull trap, not reversal signal. MACD volume indicator green column continuously expanding, RSI dropped to around 44, indicating short-term downside momentum still releasing. After oversold there may be minor rebound but unlikely to change weak pattern. Overall, major institutions roughly operating between upper pressure 2200-2220 and lower support 2100-2120. After range breakout, continue southward.

Short-term reference: (Live data updated, contact author for details)

Lower 2120-2100 northbound, stop loss 2080, target 2180-2200 rebound to resistance close no persistence

Upper 2200-2220 southbound, stop loss 2250, target 2150-2120, break below 2120 continue south to 2100-2080

Remember: Preserving capital always matters more than stubborn holding waiting for recovery. Don't fight the trend, respecting the market is the prerequisite for sustained profitability.

Actual operations based on real-time order flow data. More information available by consulting the author. Articles have publishing delays, suggestions for reference only. Assume your own risk. #美联储维持利率不变 $ETH