3.18 Cryptocurrency Mr. Coin: Ethereum (ETH) ) Market Analysis Reference

Let's take a look at what changes have occurred in the Ethereum chart——Has the pullback risk we were worried about been resolved? Today I'll tell you with several key signals that the bulls are now in control. Looking at the 4-hour level.

On the evening of March 17th at 8 PM, this K-line is extremely crucial, with a very long lower shadow, a hammer line. This is a typical "bottom-probing" signal, the price drops down, and immediately gets pulled back by the bulls. Subsequently, several consecutive bullish candles formed, which confirms that the short-term bottom is valid. Switching to the daily level, this pattern is even more interesting: the large bullish candle on March 16th completely covered the body of the bearish candle from the previous day. In K-line combinations, this is called "bullish engulfing" or "bullish swallowing," which belongs to a relatively clear reversal signal. The bears just exhausted their force, and the next day they were completely counter-wrapped by the bulls, with strong buying power. Looking at the indicators: at the 4-hour level, the MACD fast line (DIF) and slow line (DEA) just formed a golden cross above the zero axis. The specific values are 63.68 crossing above 61.11, a short-term bullish signal. Meanwhile, at the daily level, the MACD red histogram is continuing to extend, reaching a value of 99.45, with mid-term upward momentum still strengthening. Looking at the moving average system: the price is now steadily standing above all EMA moving averages. And it presents a very standard bullish arrangement: short-term 7-line at 2316, mid-term 30-line at 2215, long-term 120-line at 2096——7>30>120, gradually rising levels, this is a typical upward channel structure. The recent 4-hour trading volume is 289,973 ETH, down 43% from the previous cycle. The volume contraction is quite evident. This suggests that the current rally is being driven by existing capital, with not much new entering capital. Therefore, we need to be vigilant about the short-term risk of a pullback on low volume, which may not surge all at once. Overall, the current chart signals are biased bullish——bottom confirmed, indicators golden cross, moving averages in bullish arrangement, the trend is upward. The only hidden risk is that volume hasn't kept up. So operationally, don't chase highs, wait for pullbacks to support levels before considering entry. Follow Cryptocurrency Mr. Coin, bringing you real-time grasp of market rhythm. Ethereum Short-term Reference for 3.18: 2345-2395 range squeeze, defense 2580 bounce, target below 2300, 2200-2250 range long, stop loss 50 points, target above 2300. Message delivery has delays. Strategy suggestions are for reference only. The market changes in an instant. No matter how well you grasp the market judgment, you must set take-profit and stop-loss, securing profits#Gate广场AI测评官 #SEC与CFTC新监管指引 #伊朗确认拉里贾尼遇害 $BTC $GT $ETH