3.18 Ethereum 2385 Previous High Renewed! Trend is King! Pullbacks are Free Money, Latest Market Analysis and Trading Ideas

Ethereum current price 2335, still debating over K-line charts whether to wait for a pullback? I've been calling for a northbound move around 2100 repeatedly, and now looking back, those who shouted "topped out and about to crash" should have their faces swollen by now! From the panic bottom at 1736 straight up to 2385, this trend is crystal clear. I've repeatedly emphasized that pullbacks are free money. Brothers who followed along have already pocketed full profits, while those still hesitant and bearish can only watch others feast. This is the cost of knowledge gap!

Daily chart bottom reversal confirmed, 2425 resistance level is in sight. ETH rebounded from the 1736 bottom all the way to 2385, currently has broken through the key 2200 resistance, K-line pattern has formed a solid W-bottom which is already very obvious, ascending channel formed with solid bottom structure. This is a typical bull market pullback reversal pattern, definitely not a short-term bounce. MACD volume expanding upward, DIF and DEA launching an attack on the 0-axis, once breaking through the 0-axis, bullish momentum will fully explode; Bollinger Bands middle rail turning upward, price standing firm above middle rail, focus on EMA30 trendline, whale accumulation signals obvious.

Looking at the 4-hour chart, after the 2200 pullback, it repeatedly grinded the bottom in the 2100-2200 range, now already standing firm on Bollinger Bands middle rail and breaking above upper rail. EMA15/30/60 forming perfect bullish alignment, long-term moving averages flattening and turning upward, bearish trend completely ended, bullish fully controlling the market. MACD continuing volume expansion, KDJ at high levels still has upward momentum, indicating short-term rallies are not topping but the beginning of the main uptrend. Overall, following the trend northbound is the main strategy.

Short-term reference: (Live trading data updated, consult author for details)

Below 2300 to 2320 go north, stop loss 2270, target 2360 to 2385, breakout see mid-term target 2420

Above 2385 to 2400 go south, stop loss 2420, target 2320 to 2300, trend still mainly northbound

Specific operations based on real-time order book data. For more information details, you can consult the author. Articles have publication delays, recommendations for reference only, risk self-assumed #加密市场上涨