3.25 Ether Morning Analysis

Ether has maintained high-level oscillations recently, appearing to be range consolidation, but in reality, bullish momentum continues to weaken. The key resistance level above remains unbroken after prolonged attacks, while the 2100 support below appears effective but is actually precarious. Daily-level rebounds show signs of exhaustion, with consecutive probes at upper resistance all ending in pullbacks. Bulls lack conviction in pushing higher, with the short-term bias leaning toward bears accumulating strength.

The current market shows no obvious strong reversal signals. Instead, multiple surges have pulled back, exposing heavy selling pressure above. It is not advisable to blindly bottom-fish for long positions in the morning. One should follow the short-term weak pattern, treating rallies as opportunities to short.

Operation Suggestions

Batch shorts in the 2180-2200 range, targeting 2100-2050 area