Ethereum has experienced seven consecutive daily gains, but the total increase does not exceed 200 points. From the candlestick charts, the closer it gets to the upper resistance of the consolidation range, the smaller the real body of the candles becomes, forming a pattern similar to a rounded top. Looking at the trading volume, the candlestick on March 13 showed a large volume with a long upper shadow, indicating that the selling pressure from bears at critical levels remains. Coupled with uncertainties in external markets and geopolitical tensions, next week's trend is expected to pull back to support levels. The 2000-point round number and around the 1930 pivot are more appropriate positions for long entries.

ETH2.29%

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