3/1 Ethereum Trend Analysis and Sound Trading Suggestions:

Analyzing the Ethereum price trend over four hours, the 4-hour candlestick chart shows that after reaching a high of 2054, two consecutive bearish candlesticks appeared. The latest bearish candlestick has a large body, with the closing price close to the low of 1978.1, indicating strong short-term selling pressure. On the daily chart, the latest candlestick is a bearish candlestick with a long upper shadow, indicating strong selling pressure encountered near 2054, and the bulls' upward attack was hindered. The 4-hour MACD shows that the price fell from 2054 to 1978.1, forming a lower low, while the MACD histogram rose from 0.3 at 08:00 on March 1st to the current 8.1, forming a clear bearish divergence, suggesting that the price may fall further. The 4-hour RSI fell from 60.1 (close to the overbought zone) at 08:00 on March 1st to 52.8, indicating that the short-term overbought sentiment has eased, and with the price falling, the trend is weak. The current price of Ethereum (ETH) at 4-hour EMA (1978.1) has broken below the 120-period EMA (2033.8), which now acts as resistance. The 7-period EMA (1969.5) and 30-period EMA (1958.8) are below the current price and may provide short-term support. Key levels: Support: $1880–$1900 (cost zone) → $1840 (lower Bollinger Band) → $1800–$1820 (strong support) Resistance: $1975–$2000 (20-day moving average + psychological level) → $2050 (intraday high) → $2100 (strong resistance) Trading suggestion for March 1st: Consider shorting ETH around 1980-2000, with target prices of 1950-1910-1890. This strategy is time-sensitive; implementation will be based on free guidance.