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Notice: All those who held short positions in Ethereum yesterday and today have closed their positions and taken profits.

2026-03-18 14:03:44
Shareshare
Ethereum short positions have been closed out for several consecutive days with profits, and the current trend suggests the downtrend is continuing... Those holding short positions shouldn't worry; feel free to ask me if you're unsure how to exit. Analysis of Ethereum indicators on the 4-hour chart: Bollinger Bands (BOLL) Middle Band: 2264.73. The current price is below the middle band, indicating a weakening short-term trend. Upper Band: 2421.09, Lower Band: 2108.36. The price has fallen rapidly from near the upper band, and the Bollinger Bands are showing signs of widening downwards, indicating releasing bearish momentum. MACD DIF: 46.17, DEA: 57.13, MACD histogram: -21.91. The DIF has crossed below the DEA, forming a death cross, and the green histogram continues to expand, indicating weakening bullish momentum and confirming the downtrend. Further downward pressure is expected in the short term. KDJ K: 27.50, D: 43.56, J: -4.63. The J value has entered the oversold zone (<20), and both K and D lines are trending downwards, indicating strong short-term downward momentum, but a technical rebound after oversold conditions is also possible. Short-term trend: The 4-hour chart clearly shows weakness, with the price breaking below the middle Bollinger Band + MACD death cross + KDJ oversold conditions, suggesting a high probability of continued pullback. The first support level is around the lower Bollinger Band at 2108, followed by the previous low of 1906. Rebound opportunity: If the price stabilizes in the 2200-2220 range, a golden cross in the KDJ may occur, leading to a small technical rebound, but the rebound's height is likely limited to around the middle Bollinger Band at 2264. This strategy is time-sensitive; implementation will primarily rely on free guidance!
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