March 18 ETH Analysis



Current Price: $2,332.61, 24-hour decline of 1.07%, currently in recovery phase after short-term pullback.
Price currently above MA(7), near MA(25)/MA(99)
24h Trading Volume: 396,087.85 ETH, trading amount 921 million USDT, volume at moderate level. Volume did not show extreme expansion during pullback and rebound process, indicating cautious sentiment from both bulls and bears, with no panic selling or euphoric buying.

Logic Analysis:
When price rebounds to 2345-2358 resistance zone, it is suppressed by MA(25)/MA(99), and with significant trapped positions from earlier, it is prone to trigger profit-taking and selling pressure.
If volume fails to expand during rebound, it indicates insufficient buying pressure, making breakthrough probability extremely low. In this case, shorting has higher win rate.

Trading Recommendation: Short near 2350-2355
Target: Near 2320-2307#Gate广场AI测评官 #Gate广场AI测评官
ETH-0.3%
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