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$ETH Crypto Industry Academician: Don't ask whether Ethereum can bottom out anymore on 3.28; the trend has already given the answer! Latest market analysis and strategic reference
Ethereum is currently priced at 1980. This wave saw Ethereum drop from 2180 to 1979, truly engraving the words "trend is king" on the chart. Previously, some were calling for a new high at 2200, while others were rushing to buy the dip at 2100, but all were harshly educated by the market. I had signaled a southbound trend at the end of the converging triangle, watching the target gradually shift from 2120 to 2100, and now to 1979. Each step verifies the judgment. Honestly, trading isn’t about mysticism; it’s about understanding the structure, controlling your hands, executing strategies, and leaving the rest to time.
The daily candlestick already provides the clearest signal: this southward move isn’t a correction but a trending decline. After the price broke below the key support at 2100, all short-term moving averages turned downward, forming resistance. The MACD crossed bearish, with the green bars continuously expanding. The Bollinger Bands’ lower band kept opening, and the price moved along the lower band downward, showing no signs of stopping. The 2100 level above has become a tough obstacle, making it difficult to rise back; the 1900 to 1950 zone below is the first line of defense. If it breaks further, the decline could deepen, clearly indicating a southbound trend on the daily chart.
The four-hour chart has clearly signaled that after breaking below 2100, the southward space is fully open. All short-term moving averages have turned downward, firmly pressing down the price; the MACD’s bearish crossover and expanding green bars indicate continued downward momentum, with no signs of stabilization. The Bollinger Bands’ lower band remains open, and the price is moving along it downward, with very weak rebound strength. The 2000 level above is the southbound defense zone; the 1900 to 1950 zone below is the first target. The four-hour chart clearly shows a dominant southbound trend.
Short-term reference: (Actual trading data has been updated. For details, consult the author)
Southbound from 2000 to 2050, stop-loss at 2080, target 1950 to 1900. If broken, then 1740.
(Alternative) Northbound from 1900 to 1950, stop-loss at 1880, target 2000 to 2050.
Specific operations depend on real-time market data. For more information, contact the author. The article may have some delay; for reference only, risk bears your own. #比特币震荡走弱