Yesterday's short positions were affected by news, causing a direct surge of 170 points. Positions that were initially profitable were stopped out. Those who followed the trades don't need to worry; I will guide you to recover. Analyzing the Ethereum price trend on the four-hour chart: On the daily candlestick chart, a large bullish candle with huge volume appeared on March 23rd, indicating strong buying pressure. The upward trend continued on March 24th, but volume contracted, suggesting a possible weakening of short-term upward momentum. On the four-hour chart, the price rebounded from the low point, with a medium-sized bullish candle with significant volume appearing at 12:00 on March 24th. However, the subsequent candlestick (at 16:00 on March 24th) had a smaller body and lower volume, potentially indicating resistance or consolidation in the short term. Technical indicators: MACD: On the four-hour chart, the DIF line has crossed above the DEA line, forming a golden cross, and the MACD histogram is positive and continuously expanding, indicating strong short-term bullish momentum and an upward trend. RSI: The 4-hour RSI14 value is 56.96, which is in the neutral to strong zone and has not yet entered the overbought zone, indicating that there is still room for upward movement, but it is necessary to pay attention to whether the strength can be sustained. EMA: The 4-hour price is above the EMA7, EMA30, and EMA120, and the moving averages are in a bullish alignment, indicating that the short-term, medium-term, and long-term trends are all upward. EMA7 (2143.26) and EMA30 (2135.38) provide short-term support. Trading suggestion: It is recommended to enter long positions in Ethereum around 2160-2170, with a target price of 2200-2230. (Pay close attention to whether the trend can stabilize above 2250. If it cannot stabilize above 2250, consider shorting.) This strategy is time-sensitive, and implementation will be based on free guidance.
Detailed analysis of Ethereum trends and sharing of sound trading strategies for March 24th:
2026-03-24 11:59:42
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