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📊 March 11th, ETH Market Analysis & Strategy
ETH 🦄:
In the short term, it broke below the middle band of the Bollinger Bands. The current price is 2014.52, with the middle band at 2028.04 serving as short-term resistance. The upper band at 2042.85 is a strong resistance, and the lower band at 2013.23 is a key support.
MACD indicator DIF(-2.97) crossed below DEA(-2.57), with the green histogram slightly expanding, indicating a clear bearish signal. Overall, it is in a downward phase after a high-level pullback, with ample room for volatility.
🎯 Double Coin Strategy
• Short entry zone: 2020–2028
• First target: 2000
• Second target: 1990
• Stop loss: 2033