250320-Ethereum Analysis
Ethereum has shown an S signal in the smart chart and an L2 in the advanced chart, with a generally stable structure and has successfully broken through the key resistance level of $2,004. The current price is facing resistance around $2,050, and if there is a pullback, the support level is expected to be in the $1,994 – $2,004 range. If it continues to rise, the next resistance levels are at $2,083 and $2,127. However, today’s high of $2,065.9 may become a strong short-term resistance, so it is crucial to closely monitor whether Ethereum can successfully break through this level.
