3/2 Ethereum Trend Analysis and Sound Trading Suggestions:

Analyzing the Ethereum price trend over the past four hours, the 4-hour candlestick chart shows that the price has fluctuated wildly between 1916 and 1988 recently. A strong bullish candlestick appeared at 08:00 on March 2nd, but the subsequent candlesticks at 12:00 and 16:00 both had long upper shadows and small bodies, indicating that the price encountered significant selling pressure after rebounding to around 1980, weakening bullish momentum and entering a consolidation phase. Looking at the indicators, the MACD 4-hour chart shows the DIF line crossing below the DEA line, forming a death cross, with both DIF and DEA below the zero line. The MACD histogram is negative and showing an expanding trend, indicating that short-term bearish momentum is dominant and the market is weak. The RSI 4-hour chart shows the RSI value around 48.20, in the neutral zone, without showing obvious overbought or oversold signals, indicating that the market lacks a clear one-sided trend in the short term. The price on the 4-hour EMA chart is currently trading below the EMA7 (1955.59), EMA30 (1957.99), and EMA120 (2026.48). The short-term EMA7 and medium-term EMA30 have both crossed below the long-term EMA120, and the EMA7 and EMA30 have formed a death cross and are diverging downwards. The overall moving average system is bearish, exerting significant downward pressure on the price, indicating a short-to-medium-term bearish trend. Support levels: 1900 (short-term defense) → 1840–1800 (strong support) Resistance levels: 2000 (psychological level) → 2050 (key breakout level) → 2100/2150 (strong resistance) 3/2 Trading Recommendation: Short positions are recommended for Ethereum around 1960-1980, with target prices of 1940-1910-1880. This strategy is time-sensitive; implementation will primarily rely on free guidance.