Li Shengting; 3.27 Ethereum Early Morning Market Analysis and Trading Ideas

Ethereum has been in a state of fluctuating decline throughout the evening. From the daily technical indicators, the current coin price is fluctuating near the MA10 daily moving average, and there is also a certain risk of breaking down further. The KDJ technical indicator shows a dead cross that continues to press down, while the MACD technical indicator continues to oscillate downward. The BOLL technical indicator is operating near the middle track, and at the same time, the MA5 daily moving average is pressing down. As of the closing at midnight today, the current coin price has dipped below the MA5 daily moving average and is presenting a red TD5 connecting to shorts with increased volume. Overall, from the daily perspective, it is highly likely that the fluctuating downward trend will continue into the early morning.

From the 4-hour technical indicators, both the KDJ and MACD technical indicators are in a state of slight bearish volume increase. The ultra-short-term BOLL technical indicator is operating in the lower track area with small signs of opening. Although the short-term MA10 daily moving average shows signs of upward movement, the downward pressure of the MA30 daily moving average has increased, which indirectly indicates that the market's resistance level is very clear. Therefore, the trading strategy remains unchanged this early morning, still recommending to short on rebounds as the main approach.

Ethereum: Short in the range of 2005-2025 with a stop loss at 2067, targeting 1960-1930

Bitcoin: Short in the range of 87000-87600 with a stop loss at 88300, targeting: 86200-85600