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3.27 Midday Ethereum Market Analysis
In the early hours, influenced by news, market sentiment briefly warmed up. Ethereum followed Bitcoin in a rebound correction, but the rally was ultimately short-lived. The long-term bearish trend has never changed.
In the morning, Ethereum was pressured and fell from the high of 2076.29, with a low of around 2042. Our earlier strategy of shorting in the 2070-2090 range with a target of 2050-2035 was precisely on point, perfectly hitting the first target.
Trading Suggestions
During the rebound to the 2065-2080 range, gradually establish short positions. The first target is down to 2040-2035; if broken, hold for below 2025. Strictly set stop-losses, avoid blindly bottom-fishing, and do not participate in counter-trend rebounds. $BTC $ETH #Gate正式接入Polymarket