Crypto Circle Academician: 3.24 Technical Indicators Issue Warning! Can Ethereum's bearish momentum end the sideways days? Latest market analysis reference.

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2 days ago

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Crypto Circle Scholar: March 24, 2025, Ethereum (ETH) Latest Market Analysis Reference

Ethereum's current price is 2000. It is now 1 AM Beijing time, and the battle to defend 2000 has begun again. As for how many days it can hold, we need time to verify. For now, it is hovering around 2000. After this consolidation, there will be a liquidation, so be careful not to get shaken out. The daily K-line reached a high of 2020, which can be used to short with a stop loss above 2030. The target range is a very short 30 to 50 points. Build and hold for a long time, as the top trend is still pressing down. However, the K-line divergence and pullback are not good signs. The MACD continues to increase in momentum, with both DIF and DEA gaining strength, but the momentum has not increased. The Bollinger Bands are contracting, and the K-line is consistently at the middle track of 2000 without making a move. The upper resistance level is 2240, and the lower support level is 1770, which can serve as reference points for long and short positions.

The four-hour K-line is continuously consolidating, with the EMA90 trend resistance level at 2010. The trend indicator shows contraction. Whether it breaks the upper or lower track, it can be a good entry point. Pay attention to the EMA120 resistance level at 2055, with the Bollinger Bands' lower track support at 1950. The short-term trend is entering a bearish phase, with the Bollinger Bands contracting and the MACD reducing volume while oscillating back and forth. This is a normalized market condition. According to conventional thinking, it is advisable to short when breaking the previous high and go long when breaking the previous low. Make sure to defend and set stop losses; if you're wrong, don't resist—just acknowledge the mistake.

Short-term reference: Safety first. Remember, 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 long position, the entry point is 1885 to 1855, with a defense at 1825, stop loss at 1800, and a target of 1900 to 1950, with a breakout target of 1975.

For a short position, the entry point is 2040 to 2060, with a defense at 2080, stop loss at 2100, and a target of 1980 to 1940, with a breakout target of 1900.

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

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique perspective. 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 to be 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 summarize 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 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 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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