According to the latest market dynamics on March 19, 2025, Ethereum (ETH) is showing a weak oscillating pattern today, with specific analysis as follows:
1. Price Fluctuations and Key Levels
Current Price and Range: The current ETH price fluctuates between $1,800-$1,940, hitting a low of $1,750 (early morning on March 19) and rebounding to a high of $1,940 before retreating.
Support and Resistance:
Support Levels: $1,800 (psychological level and four-hour neckline), $1,750 (recent low).
Resistance Level: $1,900-$1,940 (Bollinger Band middle track and EMA60 moving average pressure).
2. Technical Indicator Signals
Daily Level: K-line continuously closes with a downward trend breaking the previous low, MACD green bars are expanding, and the Bollinger Bands are opening downwards, with short-term bearish momentum dominating.
Four-hour Level: The market rebounded after hitting the lower Bollinger Band but failed to break through the EMA60 resistance level ($1,940). The RSI is in the oversold zone, indicating a need for technical correction.
3. Market Driving Factors
Federal Reserve Interest Rate Decision: Before the FOMC meeting on March 19, expectations for interest rate cuts have cooled, intensifying market risk aversion, and risk assets are generally under pressure.
Institutional Fund Trends: Grayscale Ethereum Trust ETF (ETH.AM) price dropped by 2.02%, with a net outflow of over $36 million in a single day, indicating institutional fund withdrawal.
Technical Game: In the oscillating structure of the box, longs and shorts are battling around $1,800-$1,940, and the direction of the breakout will determine the short-term trend.
4. Operational Recommendations
Short-term Strategy:
Long Position: Test positions in the $1,800-$1,820 range, stop loss at $1,780, target at $1,880-$1,900.
Short Position: Layout in the $1,900-$1,940 range, stop loss at $1,960, target at $1,800-$1,820.
Risk Warning: If it falls below $1,750, it may test $1,600-$1,650 support; if it stabilizes at $1,940, it may challenge $2,000-$2,050.
5. Summary
Today, ETH continues to show weak oscillation, requiring close attention to the results of the Federal Reserve meeting and the effectiveness of the $1,800 support. In the long term, Standard Chartered Bank has lowered its 2025 ETH price expectation to $4,000. Analysts believe that if it breaks key support, it may further collapse to $1,000-$1,600. It is recommended that investors strictly use stop losses to avoid heavy positions and flexibly adjust strategies based on real-time market data.