3.6 Cryptocurrency Academician: Ethereum surged wildly in the early morning, can the 2270 high point be stabilized? Will there be a strong rebound in the short term? Latest market analysis reference.

CN
14 hours ago

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Crypto Circle Scholar: March 6, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 2190. It is now 2:30 AM Beijing time. The daily K-line has a high of 2270 and a low of 2150. Some people couldn't hold on and sold at 2200, unable to overcome their own mental barriers. They fail to align with the trend and end up fighting against themselves. Those who are holding should continue to do so without rushing to exit, maintaining good defense and stop-loss. The daily K-line is currently facing resistance at 2200, with MACD continuously contracting in a sideways trend. The EMA15 trend line is pressing down, about to break the 2400 resistance point. The middle band of the Bollinger Bands is expanding, with the pressure point now at 2515, and the mid-line pressure is also moving down. The KDJ has formed a golden cross, and the bottom-finding trend still exists. Pay close attention to the 2400 resistance point; if it doesn't break, it's time to exit.

The four-hour K-line broke the EMA30 trend resistance at 2230 but then fell below 2200. The MACD shows an upward trend in volume, but bullish momentum is insufficient, with DIF and DEA showing contraction. There is a trend of correction in the market. Those who haven't entered can wait for a pullback before going long. The Bollinger Bands are in a sideways trend, with resistance at 2230. The lower support is at 2000. If the price retraces but does not break 3150, long positions can continue to be held. If it breaks, then take profits and exit to secure the hundred-point profit.

Short-term reference: Sideways. Safety first. Remember, the market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.

For long positions, try entering between 2100 and 2050, with a defense at 2000 and a stop-loss of 50 points. The target is 2200 to 2250, and if it breaks, look for 2300.

For short positions, try entering between 2350 and 2400, with a defense at 2450 and a stop-loss of 50 points. The target is 2300 to 2250, and if it breaks, look for 2200.

Specific operations should be based on real-time market data. For more information, you can consult the author. The publication of this article may be delayed, and the suggestions are for reference only; risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only; risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Don't let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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