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3.17 ETH Morning Market Analysis
Logical Support
1. 4-hour bullish trend, 2310 short support, 2280 strong support, healthy price-volume with no divergence
2. Upgrade positive catalysts + ETF capital inflows, weak selling pressure, BTC correlation strengthening
Trend Qualification
Short-term volatile and strong, pullback and rally up is the main pattern, bullish bias as long as 2280 doesn't break
Operational Targets
- Current price 2345 long, take profit 2360-2370
- Pullback to 2310 long, take profit 2360-2380
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