Cryptocurrency Academy: Breaking the Deadlock on March 17! The Ethereum bearish trend shows its power again, where will it go in the future? Latest market analysis reference.

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4 hours ago

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Crypto Circle Academician: March 17, 2025, Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 1890. It is now 3 AM Beijing time. The short position at 1940 has not reached the take-profit point, with the daily K-line's lowest at 1865. It has not reached the bottom, and this kind of market usually tests people's patience. If you can't hold on, you will be liquidated. Therefore, you need to have enough patience or wait and see, especially since Ethereum's current market is in a bottom consolidation phase, unable to rise or fall.

The daily K-line's highest is 1940, and the lowest is 1865, still within the range. However, the EMA trend indicator's downward plunge posture has not changed, the distance between the fast and slow lines continues to widen, MACD volume is decreasing, and both DIF and DEA are also contracting. However, the bullish momentum is insufficient, and the K-line divergence has not moved. The Bollinger Bands are in a contracting market, and the K-line has not yet made a strong push to break through the 2125 level, instead, it has been tormenting people's patience above the lower band at 1730. Those with patience can wait to see if Ethereum will break the year's lowest point to find an opportunity to buy at the bottom.

The four-hour K-line continues to show a bearish trend. The attempt to push up against the EMA30 resistance at 1930 has failed, starting to fall back below the trend indicator. MACD volume is decreasing, enhancing bearish momentum, and DIF and DEA are beginning to contract. If it breaks below the previous low of 1865, it is expected to form a death cross and enter a bearish phase. Friends entering the market can continue to hold and are not in a hurry to exit; for now, it remains primarily bearish. Wait for the break of the previous low before looking for opportunities to go long.

Short-term reference: Safety first. Remember that there is no 100% certainty in the market, so always set stop-losses. Safety first, small losses with big gains is the goal.

For a northern position, try entry points from 1800 to 1770, with a stop-loss at 1740, risking 50 points, targeting 1900 to 1950, and if broken, looking at 2000.

For a southern position, try entry points from 1920 to 1950, with a stop-loss at 1980, risking 50 points, targeting 1850 to 1800, and if broken, looking at 1750.

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

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. 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 views 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 Academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Do not 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 and follow 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 Academician 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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