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Evening Strategy Analysis: ETH Analysis for Mar 20
4-Hour Timeframe Overview
From the 4-hour perspective, ETH maintains an overall bearish structure. The 2200 key level has been tested, and following yesterday's precise pullback to support, the rebound lacked momentum with weak bullish follow-through.
This level represents a critical defensive line for bears. If broken effectively, it will directly open downward space and continue the one-sided bearish trend. Even if there's a short-term rebound, it should only be viewed as oscillation and correction, with selling on rallies as the main strategy.
Strong resistance is concentrated around 2210. Rebound resistance represents the best high shorting point. Do not chase shorts or bottom-fish; use rebound testing shorts as the core strategy.
Operation Suggestions