📣3/22 Ethereum Trend Detailed Analysis and Sustainable Operation Ideas Sharing:

From the four-hour Ethereum price trend analysis:

K-line Recent K-lines have continuously closed negative, especially the large volume negative candlestick that appeared on March 22 at 08:00, showing that bearish forces dominate. The current K-line (March 22 at 16:00) closed near the daily low, with heavy selling pressure. On the daily chart, the last three trading days have continuously closed negative, forming a continuation pattern of the downtrend.

Four-hour Ethereum technical indicators:

MACD: On the 4-hour chart, MACD indicators DIF and DEA are both running below the zero axis, and DIF continues to cross below DEA, with the MACD histogram showing negative values and continuously expanding, indicating the market is in a strong bearish trend. RSI: The 4-hour RSI14 value is 32.74, already very close to the oversold zone (30), showing the market is in a weak state. Short-term technical rebounds may be needed, but the overall trend remains downward. EMA: On the 4-hour chart, EMA7, EMA30, and EMA120 moving averages show a bearish arrangement, with price far below all moving averages. EMA7 and EMA30, EMA120 form a death cross, confirming the current downtrend. EMA7 (2108.15) will constitute short-term important resistance.

Four-hour Ethereum trading volume:

On the 4-hour chart, a large volume negative candlestick appeared on March 22 at 08:00, confirming the strengthening of downward momentum. The following two K-lines showed some contraction in volume, but prices continued to fall, indicating selling power still dominates. On the daily chart, recent declines were accompanied by relatively large trading volumes, especially in the sharp drops on March 19 and March 18, showing market panic sentiment and capital flight. Current daily volume has decreased compared to previous days, but remains at high levels, dominated by bears.

Ethereum Operation Suggestions:

It is recommended to enter short positions around 2070-2080 for Ethereum, target levels: 2050-2020-2000. If breaking below 2000, target around 1960! Stop loss at 2130.

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