3.25 Ethereum Morning Analysis

Ethereum has been maintaining high-level oscillations recently, appearing to be consolidating within a range. However, in reality, bullish momentum continues to weaken, key resistance levels above remain unbroken despite persistent attempts, and the 2100 support below appears effective but is actually on shaky ground. The daily chart rebound shows signs of exhaustion, with consecutive attempts to test upper resistance ending in pullbacks. Bulls lack conviction in pushing higher, with the short term leaning more toward bears accumulating positions.

Currently, the market shows no obvious strong reversal signals. Instead, multiple failed rallies expose heavy selling pressure above. During the morning session, blind bottom-fishing long positions should be avoided. Rather, one should adapt to the short-term weakness, treating bounces as opportunities for shorting.

Operation Suggestions

Short in batches at 2180-2200 range, targeting the 2100-2050 area below