According to market analysis on March 13, 2025, Ethereum (ETH) shows the following characteristics today: $ETH
I. Technical Analysis
Short-term Bearish Trend: ETH price continues to be under pressure, currently oscillating around $1875, failing to break the resistance level of $1970. The hourly chart shows the Bollinger Bands expanding, and MACD is shrinking, suggesting a possible further dip in the short term. If it breaks below the support level of $1800, it may trigger a chain liquidation risk.
Key Support and Resistance:
Support Levels: $1800 (if lost may test $1750), $1700-1530 (may reach in extreme cases).
Resistance Levels: $1950 (Fibonacci 50% retracement level), $1970 (short-term short entry point).
II. Macro and Market Sentiment
Bearish Factors: Although U.S. inflation data has slowed, the Trump administration's tariff policies exacerbate trade war concerns, suppressing risk appetite due to recession risks. The cryptocurrency market's trading volume has shrunk, with funds favoring Bitcoin.
Potential Positive Factors: The Federal Reserve may lower interest rates in the future, and long-term liquidity easing may support ETH's rebound; the Trump administration's support for cryptocurrencies and regulatory clarity is a long-term positive for ecological expansion.
III. Operation Suggestions
Short-term Strategy:
Aggressive Strategy: Short near $1920, stop loss at $1950, target $1850.
Short Selling Trial: Short near $2000-2050, stop loss at 50 points, target at $1900-1850.
Medium to Long-term Layout: If the price approaches the support level of $1500, consider building positions in batches for long-term holding (several years), betting on the potential rebound to $2200.
IV. Risk Warning
Extreme Volatility: Reduced liquidity during the early hours may trigger accelerated declines; be cautious with stop losses.
Market Sentiment Sudden Change: If the Federal Reserve releases unexpectedly dovish signals or geopolitical risks ease, it may trigger a short-term rebound.
In summary, ETH is likely to continue oscillating downwards today, and it is recommended to focus on short positions while also monitoring long-term layout opportunities near $1500.