ETH 3.14 Technical Analysis | Weak Consolidation, Shorting Bias, Turn Bullish After Breaking 2100

Ethereum is currently trading near 2075. The intraday low tested 2060 for short-term support. On the 4-hour timeframe, the price rebounded slightly after retesting the Bollinger Band middle band, but both volume and momentum are weak. Short-term bullish momentum is insufficient, and the chart maintains a weak consolidation pattern.

From a technical perspective, the validity of the 4-hour Bollinger Band middle band support needs confirmation. The rebound lacks sustained buying pressure following through. 2100 above is the key bull-bear demarcation line for the day. Before volume breaks and firmly holds that level, the market will mainly focus on digesting selling pressure and range consolidation. The trend has not yet turned strong.

Trading Strategy:

• Primary Idea: Prioritize shorting, scale into short positions on bounces with resistance pressure, strictly control stop losses

• Conditions for Longs: Only follow up on upside after a volume breakout and firm hold above 2100; avoid left-side bottom picking prematurely

• Risk Management: Execute with light positions, set strict stop losses, avoid holding against the trend

Before market direction becomes clear, follow right-side signals, prioritize stability, and wait for a confirmed breakout before switching strategy.
$ETH ‌#加密市场上涨