📣Ethereum short position profits close to 100 points! How should we operate in the follow-up market?

Ethereum's short position on Friday evening successfully closed with profits of nearly 100 points. In this round, ETH surged to 2385.78 USDT in mid-March and entered a pullback. The 4-hour level has completed a downtrend after a top divergence. Today's high is 2168.00 USDT, low is 2045.57 USDT. Currently, capital is flowing out net and the trend is bearish. Do not blindly bottom-fish; strictly control position size and stop-loss.

4-Hour Ethereum Core Technical Indicator Analysis:

Bollinger Bands (BOLL) middle line 2143.03, upper band 2193.73, lower band 2092.32. Price has broken below the middle line and is running near the lower band. The Bollinger Bands overall opening downward indicates a short-term bearish trend. The 2090-2095 area of the lower band is the first support. If broken, watch for the previous low of 2045. The middle line 2143 is the first resistance.

MACD indicator DIF: -21.80, DEA: -18.00, MACD histogram: -7.60 (green column). DIF and DEA cross down below the zero line with continuing green columns. Bearish momentum is still releasing with no clear reversal signal yet. Watch for green column volume contraction and DIF turning up for a golden cross signal before a potential rebound.

KDJ indicator K: 49.82, D: 50.84, J: 47.76. The three KDJ lines cross down near 50, with J value declining first. Short-term overbought has been digested, entering a weak range-bound interval. If J value probes below 20 entering oversold, it may trigger a technical rebound; currently no clear bottom-fishing signal.

Key Support/Resistance Levels

Strong resistance 2193 (Bollinger upper band) rebounds under heavy pressure. Breaking through is needed to reverse the short-term downtrend. First resistance 2143 (Bollinger middle band) is the core pressure for short-term rebounds.

First support 2092 (Bollinger lower band) is today's key support. Breaking below accelerates downward movement. Strong support 2045 (previous low) is the important defensive level for this downtrend.

Trading Strategy (For reference only, not investment advice. Specific strategies may be released in the evening)

Bearish idea: When rebounds to 2140-2150 zone meet resistance, consider light short positions with stop-loss above 2170, targets 2090, 2045.

Bullish idea: Wait for price to stabilize above 2100, MACD green column to contract, and KDJ golden cross before considering buying on dips, with stop-loss below 2040.

Strategies are time-sensitive. Strategy implementation is mainly based on free guidance!#Gate13周年全球庆典 #加密行情震荡 #创作者冲榜 #摩根大通下调标普500预期 #比特币支撑阻力位分析 $BTC $ETH