📊 2026-03-05 ETH Technical Analysis + Intraday Strategy (as of 18:30)

Current Price: $2,135 (volatile sideways movement, 4H bearish divergence at the top, decreasing volume)

1. Trend Judgment

- Short-term (1H/4H): Bulls are dominant but momentum is weakening, 4H bearish divergence at the top, watch for pullback
- Mid-term (Daily): Rebound and correction, MA7/14/30 in bullish alignment; MA90/180 still acting as resistance, no reversal yet
- Long-term: Still in a downtrend channel, strong consolidation zone at $2,350–$2,550

2. Key Price Levels (Core)

- Resistance (from top to bottom)
- $2,160–$2,180: Intraday high + 4H upper band + dense trading (key)
- $2,200–$2,220: Psychological level + previous small top
- $2,250–$2,300: Fibonacci 38.2% + strong resistance
- $2,350: Mid-term consolidation zone
- Support (from bottom to top)
- $2,100: Psychological level + early morning pullback low
- $2,070–$2,080: 4H strong support + yesterday’s rebound point
- $2,050: Structural low, break below ends the rebound
- $2,000: Extreme support

3. Indicator Signals

- RSI(14): 58–60 (neutral leaning bullish, approaching overbought)
- MACD: Daily chart shows bullish crossover below zero line; 4H bearish divergence at the top, watch for pullback
- Volume: Increased yesterday during rally, today volume shrank during consolidation, selling pressure evident above
- Supertrend: Short-term bullish, mid-term bearish signals

4. Intraday Strategy (for reference only, not investment advice)

1. Low-Position Long Strategy (prioritize stability)

- Entry: Rebound and stabilize around $2,100–$2,080, try a light long position
- Target: $2,160 → $2,200
- Stop-loss: Below $2,050 (strict)

2. Cautious Short Strategy

- Entry: Rebound to $2,160–$2,180 encountering resistance, try a light short
- Target: $2,100 → $2,070
- Stop-loss: Above $2,220

3. Observation Zone

- When price consolidates narrowly between $2,100–$2,160, wait for breakout before entering

5. Risk Warning

- 4H bearish divergence + decreasing volume, beware of false breakouts followed by rapid decline
- High volatility risk due to large long-short disagreement in futures contracts
- Monitor BTC, focus on whether BTC can hold above $71,500