📣3/22 Ethereum Trend Detailed Analysis and Sound Operating Strategy Share:



From the four-hour Ethereum price trend analysis:

The K-line has recently shown consecutive bearish closures, particularly a high-volume large bearish candle appearing on 03/22 at 08:00, indicating that bearish forces are dominant. The current K-line (03/22 at 16:00) closed near the daily low point, with heavy selling pressure. On the daily chart, the most recent three trading days show consecutive bearish closures, forming a continuation pattern of the downtrend.

Four-hour Ethereum Technical Indicators:

MACD: On the 4-hour chart, both the MACD DIF and DEA indicators are running below the zero axis, with DIF continuously crossing below DEA. The MACD histogram is negative and continuously expanding, indicating the market is in a strong bearish trend. RSI: The 4-hour RSI14 value is 32.74, very close to the oversold zone (30), showing the market is in weakness. A technical bounce may be needed in the short term, but the overall trend remains downward. EMA: On the 4-hour chart, EMA7, EMA30, and EMA120 are in bearish alignment, with price far below all moving averages. EMA7 and EMA30, EMA120 form a death cross, confirming the current downtrend in the market. EMA7 (2108.15) will constitute short-term important resistance.

Four-hour Ethereum Trading Volume:

On the 4-hour chart, a high-volume large bearish candle appeared on 03/22 at 08:00, confirming enhanced downward momentum. The following two candles showed somewhat diminished trading volume, but prices continued to decline, indicating selling power still maintains an advantage. On the daily chart, recent declines accompanied by large trading volumes, especially during the sharp drops on 3/19 and 3/18, demonstrate market panic sentiment and capital outflows. Current daily trading volume has declined somewhat compared to previous days but remains at elevated levels, with bears in control.

Ethereum Operating Suggestions:

Suggested entry for short positions around 2070-2080 on Ethereum. Target levels: 2050-2020-2000, breaking below 2000, target around 1960. Stop loss at 2130.

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