$ETH Crypto Industry Academician: On 3.30, Ethereum briefly broke above the $2000 level and then retreated. Is the bullish momentum insufficient? Latest market analysis and strategic reference

Ethereum's current price is at 1995. The trend is quite clear: a wave of decline followed by a brief consolidation. Friends who followed the strategy of shorting at high levels have mostly secured good profits. Now, many people's mentality is becoming restless. When they see a small rebound, they can't help but enter the market, which often leads to being trapped. Remember, until the trend changes, do not operate against the trend lightly. Observe more, act less, and wait for a clear opportunity before taking action.

The daily high point has effectively broken below the 0.786 Fibonacci retracement level of 2425. Currently, it is operating above the 100% retracement level of 1736. The MA20, MA30, and MA60 are arranged downward, and the price continues to be pressured below the short-term moving averages, with significant moving average resistance. Although the MACD death cross has led to a shrinking green histogram, the DIF and DEA are still below the zero line, indicating that the downward momentum has not been fully released. The daily trend is clearly downward, with 1736 as a key support level.

The four-hour price remains under pressure below the MA20 and MA30 moving averages. The short-term moving averages are arranged downward, forming multiple layers of resistance on the price. Rebounds near 2020 are met with resistance and retreat, confirming the validity of the upper pressure. Although the green histogram has shrunk after the MACD death cross, the DIF and DEA are still below zero, indicating that the downward momentum is not fully exhausted. The Bollinger Bands are opening downward, and the price oscillates near the lower band without a clear sign of stopping the decline. The four-hour trend remains downward, with 1950 as a short-term key support.

Short-term reference: (Practical data has been updated. For details, consult the author)

From 2050 to 2020, downward, stop-loss at 2070, target 1980 to 1950. If broken, look at 1740.

(Alternative) From 1950 to 1980, upward, stop-loss at 1930, target 2050 to 2020.

Specific operations depend on real-time market data. For more information, contact the author. The article may have a delay in publication; use for reference at your own risk. ‌#比特币震荡走弱