3.14 Coin Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference

Let's take a look at Ethereum's trend. Ethereum's performance today is quite impressive, with intraday continuation of a rebound wave. The price has successfully broken through upward, breaking through the previous high of $2,200 resistance level that has been suppressing it. Although it touched a high of $2,210 before experiencing a pullback, with the price now running around $2,100, this rebound of over 100 points has completely reversed yesterday's weak consolidation pattern.

I must remind everyone here to adjust your operational strategy in a timely manner. As long as the subsequent pullback doesn't break through the $2,050 support level, short-term price action is expected to enter a high-level consolidation or oscillation correction phase. Therefore, don't blindly go long or short at this position. Be cautious of price stabilizing at support and then being compressed before rebounding again. Currently, short-term price action has entered a consolidation phase. Everyone should focus on the 2,030 to 2,050 support zone. This is the key area to determine whether this rebound will continue or end. Follow Mr. Coin to master market rhythm in real time.

3.14 Ethereum Short-term Reference:

2,180-2,230 range long, defend 2,380 supplement, target below 2,130,

2,050-2,000 range short, stop loss 50 points, target above 2,080,

Updates have delays. Strategy suggestions are for reference only. Markets change rapidly. No matter how confident you are in market judgment, always set take-profit and stop-loss orders. Lock in profits#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨 #比特币站上七万美元 $BTC $GT $ETH