3.18 Cryptocurrency Mr. Coin: Ethereum (ETH) ) Technical Analysis - Let's take a look at what changes have occurred in the Ethereum market. Has the pullback risk we were previously concerned about been eliminated? Today I'll use several key signals to tell you that the bulls are now in control. Looking at the 4-hour timeframe. On the evening of March 17 at 8 PM, this candle was very significant, with a long lower wick - a hammer candle. This is a typical "bottoming out" signal where price dipped down and was immediately pulled back up by bulls. Subsequently, several consecutive bullish candles formed, which confirmed that the short-term bottom is valid. Switching to the daily timeframe, this pattern is even more interesting: the large bullish candle on March 16 completely engulfed the body of the previous day's bearish candle. In candlestick combinations, this is called "bullish engulfing" or "bullish swallowing bearish," which is a fairly clear reversal signal. The bears just exhausted their strength, and the next day the bulls completely reversed it - buying pressure is very strong. Looking at the indicators: on the 4-hour timeframe, the MACD fast line (DIF) and slow line (DEA) have just formed a golden cross above the zero line. Specifically, 63.68 crossed above 61.11, a short-term bullish signal. Meanwhile, on the daily timeframe the MACD red histogram is continuing to lengthen, reaching 99.45, indicating mid-term upward momentum is still strengthening. Looking at the moving average system: price is now solidly positioned above all EMA moving averages, and displaying a very standard bullish alignment: short-term 7MA at 2316, mid-term 30MA at 2215, long-term 120MA at 2096 - 7>30>120, each level progressively higher, this is a typical uptrend channel structure. Recent 4-hour volume is 289,973 ETH, down 43% from the previous period. Volume has declined noticeably. This indicates this rally is currently driven by existing capital, with not much new capital entering. So in the short term we need to be cautious of a pullback on declining volume - it may not push straight up in one go. Overall, the current market signals are bullish - bottom confirmed, indicators golden cross, moving averages in bullish alignment, trend is upward. The only concern is volume isn't keeping up. So operationally, don't chase rallies; wait for pullbacks to support levels before considering entry. Follow Mr. Coin to grasp market rhythm in real-time. 3.18 Ethereum Short-term Reference: 2345-2395 range long, defend 2580 for pullback, target 2300 below; 2200-2250 range short, stop loss 50 points, target 2300 above. Signals may have delay. Strategy suggestions are for reference only. Market conditions change rapidly. Regardless of how confident your market judgment is, always set take-profit and stop-loss levels - secure profits. #Gate广场AI测评官 #SEC与CFTC新监管指引 #伊朗确认拉里贾尼遇害 $BTC $GT $ETH