Detailed analysis of Ethereum's trend and suggestions for sound trading strategies for the morning session of March 12th:

Ethereum price trend analysis on the 4-hour chart: Candlestick pattern: The 4-hour chart shows that after a surge in volume, the latest candlestick is a spinning top with a long lower shadow, indicating a divergence between buyers and sellers at the current price level, and the market has entered a short-term consolidation phase. The previous candlestick was a bearish candle with a long lower shadow, indicating some support below. The daily chart shows several consecutive bullish candles, indicating a strong upward trend, but today's candlestick is a small bearish candle, which may indicate a short-term correction. 4-hour technical indicators: The MACD (4-hour chart) DIF line is above the DEA line, and the MACD histogram is positive, indicating a continuation of the bullish trend. However, the DIF and MACD histogram values have slightly converged, indicating a weakening of upward momentum. The RSI (4-hour chart) has fallen from the overbought zone (60.59) to the neutral zone of 54.60, consistent with the logic that "RSI values entering the overbought/oversold zone may lead to a pullback," indicating a short-term correction. The EMA (4-hour chart) price is above EMA7 (2045.98), EMA30 (2024.06), and EMA120 (2024.51), and the moving averages are in a bullish alignment, indicating a strong overall trend. EMA7 provided support in the latest candlestick. Key levels (4h): Support: 2000 (psychological level) → 1970 (Bollinger Middle Band) → 1950 → 1908 (Bollinger Lower Band) Resistance: 2065–2080 (Bollinger Upper Band) → 2100 (strong resistance) → 2140 Ethereum trading suggestion: It is recommended to enter a short position around 2050-2060 for Ethereum, with a target price of 2030-2000. If it breaks below 2000, continue to hold the short position! Strategies are time-sensitive; implementation will primarily rely on free guidance.