From the 4-hour timeframe perspective, Ethereum maintains an overall bearish structure. The 2200 critical level has been tested, and after bouncing precisely from support yesterday evening, the rebound momentum is weak with poor buying support from bulls.
This position represents a key defensive line for bears. Once broken below effectively, it will directly open up downside space and continue a one-sided bearish trend. Even if there is a short-term rebound, it should only be viewed as corrective consolidation, with shorting on rallies as the main strategy.
Strong resistance is concentrated around 2210. Rebound pressure represents the optimal shorting entry point. Don't chase shorts or bottom-fish; use rebound testing for shorts as the core approach.
Evening Strategy Analysis: ETH Analysis for 3-20
From the 4-hour timeframe perspective, Ethereum maintains an overall bearish structure. The 2200 critical level has been tested, and after bouncing precisely from support yesterday evening, the rebound momentum is weak with poor buying support from bulls.
This position represents a key defensive line for bears. Once broken below effectively, it will directly open up downside space and continue a one-sided bearish trend. Even if there is a short-term rebound, it should only be viewed as corrective consolidation, with shorting on rallies as the main strategy.
Strong resistance is concentrated around 2210. Rebound pressure represents the optimal shorting entry point. Don't chase shorts or bottom-fish; use rebound testing for shorts as the core approach.
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