📅 Date: March 31, 2025
💰 Current price: 1799 USD
ETH continues to weaken, with the price dropping below the 1800 USD mark, and bears are dominating. Is there still a chance for bulls to counterattack? Where is the key support? How to operate in the future market?
📉 Daily analysis: Falling below 1800, the short-term trend still leans bearish.
From the daily chart of ETH, it is still in a downward channel, with weak rebounds and bears dominating the market:
MA10 (1947 USD) and MA30 (2008 USD) are still in a dead cross downwards, with a short-term trend leaning bearish.
MA120 (2913 USD) is far above the current price, and the medium-term trend remains under pressure, indicating that ETH is still in a downward trend.
The MACD indicator's DIF and DEA are both below the zero axis, and bear strength still prevails.
According to Fib retracement, it has currently fallen below 50% (1838 USD), with the key support level below at 61.8% (1752 USD).
📌 Key point analysis:
Support levels: 1750 / 1720
Resistance levels: 1838 / 1900
📢 Summary: If ETH cannot return above 1838 USD, it may continue to调整 towards the 1750-1720 range.
⏳ Four-hour level: Weak oscillation, with bears continuing to apply pressure.
From the four-hour level of ETH, the short-term trend is still under pressure, and no clear reversal signal has appeared:
The moving average system is arranged in a bearish manner, with prices under pressure below the short-term moving averages, limiting rebounds.
The MACD indicator shows that the green bars are expanding, indicating that bear momentum remains strong.
Bollinger Bands are opening downwards, with prices approaching the lower band, indicating a possible continue探底 in the short term.
📍 Key short-term points:
If ETH cannot hold above 1800, it may continue to探底 near 1750 USD in the short term.
If it breaks through 1838 USD, it is likely to challenge the 1900 USD resistance level.
📢 Summary: The short-term still leans weak; it is recommended to wait for a clear direction before taking action.
📊 One-hour level: Short-term support is still being tested, attention is needed on the rebound strength.
From the one-hour level, ETH is in a low-level consolidation state, and a变盘 may be imminent in the short term:
The short-term moving average pressure is significant, and the price has not been able to break through the 10-day moving average (1810 USD).
MACD is still below the zero axis, and the short-term rebound momentum is relatively weak.
Bollinger Bands are narrowing, indicating that ETH is about to迎来 a directional breakout.
📍 Short-term key points:
Upper resistance levels: 1810 / 1838
Lower support levels: 1750 / 1720
📢 Summary: The short-term still leans weak; it is recommended to pay attention to whether the 1750 support is effective, otherwise it may continue to探底.
🎯 Operation suggestions
📌 Short-term trading strategy:
If it breaks through 1838 USD, consider taking a light long position, targeting 1900-1950, with a stop loss at 1800.
If it falls below 1750 USD, consider taking a short position, targeting 1720-1700, with a stop loss at 1780.
📌 Medium to long-term strategy:
Only if it holds above 1900 USD can ETH hope to strengthen and return to an upward channel.
If 1750 USD is lost, it may探底到 1720 USD, or even lower areas.
🚀 Short-term at a critical decision point, patiently waiting for the market to choose a direction!
