Yesterday, Ethereum long positions were closed with profits again, and the Ethereum bullish trend continues! Looking at the four-hour technical indicators, the Bollinger Bands (4-hour) show the price trading above the middle band (1991), with the upper band at 2075 and the lower band at 1908. Bandwidth is narrowing: volatility is decreasing, and a direction is about to be chosen. The moving average system (EMA) shows the short-term EMA (7/14) diverging upwards, with the price above the moving averages, indicating a bullish structure. The medium-term EMA (30) is flat, showing clear oscillation characteristics. Key: holding above 2000 indicates bullish dominance; a break below 1970 indicates weakness. The MACD (4-hour) shows the DIF above the DEA, in a golden cross state, but the red bars are shortening. Signal: Upward momentum is weakening, entering a consolidation phase, not a trend-driven decline. RSI and volume RSI are around 55-60, in a neutral range, with no overbought or oversold conditions. Trading volume: a pullback with reduced volume, a healthy retracement during an uptrend. Core trading range: 1970–2080 USDT Short-term support: 2000, 1970, 1950, 1908 Short-term resistance: 2065–2080, 2100, 2140 4-hour chart: High-level consolidation, pullback to confirm support. Daily chart: W-bottom + MACD/KDJ golden cross + volume increase, bottom reversal signal resonance. Ethereum trading suggestion: It is recommended to continue to enter long positions around 2000-2020, with target prices: 2050-2080-2100. If it breaks above 2100, continue to hold long positions, with a stop loss at 1970! Strategies are time-sensitive; implementation will primarily rely on free guidance!
Ethereum's bullish trend continues; the current trend is merely a pullback to form a bottom during an uptrend!
2026-03-11 02:02:59
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/3081366.html