Ethereum Midday Analysis March 20

**4-Hour Chart Overview**

From a 4-hour perspective, Ethereum maintains an overall bearish structure. The 2200 key level has been tested, and following a precise retracement to support last night, the rebound lacks momentum with weak buying interest.

This level represents a critical defense line for bears. Once effectively broken below, it will open significant downside space and extend the one-sided bearish trend. Even if there's a short-term rally, it should be viewed as consolidation correction only. The core strategy is to short on rallies.

Overhead resistance is concentrated near 2210. A rebound encountering selling pressure presents the optimal high short point. Avoid chasing shorts or bottom fishing—focus on shorting rebounds as the core approach.

**Trading Recommendations**

Sell in batches in the 2150-2170 range with targets toward 2050-2080 levels