Analyzing Ethereum's price trend, the 4-hour candlestick chart shows a rapid decline from a high of around 2089, with several large bearish candlesticks appearing consecutively, especially the candlesticks at 16:00 and 20:00 on March 3rd, indicating that bearish forces are dominant and the market is in a short-term downtrend. 4-hour Ethereum technical indicators: The MACD 4-hour chart shows the DIF line crossing below the DEA line, forming a death cross, and the MACD histogram is negative and continuously expanding, indicating increasing bearish momentum and a confirmed downtrend. The RSI 4-hour chart shows the RSI14 value at 46.90, in the neutral-to-bearish zone, not yet entering the oversold zone, suggesting further downside potential. The EMA 4-hour chart shows the price breaking below all moving averages: EMA7 (1982.25), EMA30 (1973.78), and EMA120 (2023.97). The EMA7 and EMA30 moving averages are starting to diverge downwards, forming short-term resistance in the 1970-1980 range, confirming the current downtrend. Key Price Levels: Resistance Levels: First Resistance: 1980–2000 (Key Level for Bulls and Bears) Second Resistance: 2040–2050 (Multiple Tests Unbroken) Support Levels: First Support: 1930–1940 (Today's Low) Strong Support: 1900 (Psychological Level) Ultimate Support: 1840–1850 (Structural Bottom) 3/3 Trading Recommendation: Short Ethereum is recommended in the 1970-1990 range, with target prices of 1940-1910-1880. Stop loss at 2040! This strategy is time-sensitive; implementation will primarily rely on free guidance.
3/3 Ethereum Trend Analysis and Stable Trading Suggestions:
2026-03-03 13:36:48
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