3.31 Crypto Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference: Intra-day Ethereum faced resistance near the 2085 level and then started to decline. The price kept testing lower in the evening, and although it tested multiple times, it did not produce the expected rebound. On the short-term chart, consecutive red candles indicate that the bearish sentiment is intensifying. On the four-hour chart, a clear long upper shadow appeared, with a high of 2086.99, followed by a rapid pullback. This is a typical short-term top signal in technical analysis. Additionally, the daily chart has closed below the EMA30 for three consecutive days, with the entire moving average system showing a bearish alignment, which is not friendly to the bulls. On the four-hour MACD, the DIF and DEA lines formed a death cross below zero, and the daily MACD green histogram is also expanding, currently at -34.86. Looking at the EMA system, the price has broken below all key EMAs, including 7, 30, and 120, showing a very standard bearish arrangement with values at 2033, 2041, and 2084 respectively. This structure indicates that resistance during a rebound will be quite dense, so everyone should be cautious of further price declines. Therefore, our trading approach remains unchanged: focus on rebounds for trading. Short-term reference for Ethereum on 3.29: range between 2095-2065, with a stop at 2280, target below 2020, and between 1960-1910, with a stop loss of 50 points, and a target above 2000. Please note that the strategy suggestions are for reference only; market conditions change rapidly. No matter how confident you are in your market judgment, always set stop-loss and take-profit levels to secure gains.