Ethereum Short-term Strategy: Beware of Profit-taking on Volume Contraction Rebound, Confirm Entry on Volume Expansion (March 15)
Ethereum pulled back to the four-hour Bollinger Band midline support over the weekend, rallied from the 2060 low to 2115 high, and the short-term structure stabilized temporarily. However, pay close attention to trading volume—weekend volume contracted significantly compared to Friday. Volume contraction during uptrends indicates insufficient buying momentum, and sustained gains are questionable, with the possibility of a large bearish candle wiping out gains at any
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