As of March 26, 2025, Ethereum (ETH) is currently showing a high-level oscillation trend, with prices fluctuating in the $2020-$2150 range and intense market competition between bulls and bears. The following are key analyses:

1. Price Trends and Key Levels

Current Price: Approximately $2075 (some data shows $2071-$2073), with a daily high of $2100 and a low of $2030 at the support level.

Support and Resistance:

Support Levels: $2020-$2030 (strong support verified multiple times recently); $2000 (psychological level).

Resistance Levels: $2100-$2120 (area of high trading volume); $2150-$2200 (strong resistance above).

2. Technical Indicator Analysis

Trend Indicators: EMA moving averages (short-term, medium-term) are in a bullish arrangement, but the weekly MACD dead cross at a high level suggests that caution is needed for the long term.

Momentum Indicators:

The 4-hour MACD shows weakening bullish momentum, the histogram is shortening, and the KDJ shows a dead cross (neutral to bearish).

RSI (around 50) indicates that the market is in a neutral state, not entering the overbought/oversold zone.

Volume Changes: Early session volume-price divergence (prices rise but trading volume declines), attention is needed on the sustainability of subsequent volume.

3. Market Sentiment and Driving Factors

Short-term Sentiment: The market is heavily waiting and watching, with BTC's high-level oscillation having a correlated effect on ETH, leading some funds to shift towards altcoins.

Long-term Positive: The anticipation of Ethereum's Pectra upgrade (March 5) may enhance network efficiency and attract institutional accumulation.

Risk Warning: Caution is needed regarding the risk of slow rises and fast drops; a break below $2000 may trigger selling pressure.

4. Operational Recommendations

Short-term Strategy:

Long Position: If there is a bounce back to stabilize at $2020-$2030, a small position can be tried for long, with a target of $2100-$2120 and a stop-loss set below $2000.

Short Position: If it rebounds to around $2120-$2150 with insufficient volume, a small position can be attempted for short, with a target of $2080-$2050 and a stop-loss above $2170.

Medium to Long-term: If it retraces to the $1950-$1980 range, positions can be built in batches, targeting $2300-$2500 (a breakthrough above $2150 is needed to confirm the trend).

Summary

ETH is currently in a phase of oscillating convergence, with a need to closely monitor the breakout direction of the $2000 support and $2150 resistance. Short-term suggestions recommend flexible operations in conjunction with volume changes, while medium to long-term strategies may consider accumulating long positions at lower levels, but caution is required regarding policy regulation and sudden changes in market sentiment.