March 18 ETH Analysis



Current Price: $2,332.61, down 1.07% in 24 hours, in the recovery phase after a short-term pullback.
Price currently above MA(7), near MA(25)/MA(99)
24h Trading Volume: 396,087.85 ETH, trading amount 921 million USDT, volume at moderate levels. During pullback and rebound, volume has not shown extreme expansion, indicating that both bulls and bears are cautious with no signs of panic selling or euphoric buying.

Logic Analysis:
When price rebounds to the 2345-2358 resistance zone, it faces suppression from MA(25)/MA(99), and with significant locked-in positions from earlier, it easily triggers profit-taking and selling pressure.
If volume does not expand during rebounds, it indicates insufficient buying power and extremely low probability of breaking through resistance. In this case, shorting has higher win rate.

Trading Recommendation: Short near 2350-2355
Target 2320-2307 nearby#Gate广场AI测评官 #Gate广场AI测评官
ETH0.73%
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