3-20 Ethereum Midday Analysis

From the 4-hour timeframe, Ethereum's overall bearish structure remains unchanged, with the 2200 key pivot level already tested. After precise pullback to support last night, the rebound lacks momentum, with weak buying interest from bulls.

This level is a critical defense line for bears. Once effectively broken down, it will directly open downside space and continue a one-sided bearish trend. Even if there's a short-term rebound, it should only be viewed as oscillatory correction. Taking shorts on rallies is the main strategy.

Strong resistance concentration is around 2210. Rebound resistance is the best high point for shorting. Don't chase shorts, don't catch bottoms. The core strategy is to fade rallies.

Trading Suggestions

Sell in batches in the 2150-2170 range, targeting 2050-2080 area below.