3.18 Crypto Mr. Coin : Ethereum (ETH)) Market Analysis Reference

Let me see what changes have occurred on the Ethereum chart — have the pullback risks we were worried about been resolved? Today I'll use several key signals to tell you that the bulls now have the initiative. Let's look at the 4-hour level.

March 17 at 8 PM, this candlestick is very critical with a long lower shadow — a hammer line. This is a typical "bottom-probing" signal where price dipped down and was immediately pulled back by the bulls. Subsequently, several consecutive positive candles confirmed that the short-term bottom is valid.

Switching to the daily level, this pattern is even more interesting: the large positive candle on March 16 completely engulfed the body of the previous day's negative candle. In candlestick combination terminology, this is called "bullish engulfing," which is a fairly clear reversal signal. The bears just exhausted their strength, and the next day they were completely reversed by the bulls with strong buying pressure.

Looking at indicators: On the 4-hour level, the MACD fast line (DIF) and slow line (DEA) just formed a golden cross above the zero axis. Specific values, 63.68 crossed above 61.11 — a short-term bullish signal. At the same time, the MACD red histogram on the daily level continues to lengthen, with values reaching 99.45, and mid-term upward momentum is still strengthening.

Looking at the moving average system: price is now firmly standing above all EMA moving averages. Moreover, it presents a very standard bullish arrangement: short-term 7-line at 2316, mid-term 30-line at 2215, long-term 120-line at 2096 — 7>30>120, progressively higher, this is a typical uptrend channel structure.

Volume: the recent 4-hour volume is 289,973 ETH, which declined 43% from the previous cycle. Volume shrinkage is quite obvious. This indicates that the current rally is being pushed by existing capital, and not many new funds are entering. Therefore, in the short term, we need to be vigilant about the risk of volume-limited pullbacks — it may not surge in one go.

Overall, the chart signals currently lean bullish — bottom confirmed, indicator golden cross, bullish moving average alignment, trend is upward. The only hidden risk is that volume hasn't caught up. Operationally, don't chase highs; wait for pullbacks to support levels before considering entry. Follow Crypto Mr. Coin to grasp market pace in real time.

3.18 Ethereum Short-term Reference:
- 2345-2395 range consolidation, defend 2580 resistance, target below 2300
- 2200-2250 range support, stop loss 50 points, target above 2300
- Message sends may have delays. Strategy suggestions are for reference only. Markets change rapidly. No matter how confident your market judgment is, always set take-profit and stop-loss orders. Secure your profits.#Gate广场AI测评官 #SEC与CFTC新监管指引 #伊朗确认拉里贾尼遇害 $BTC $GT $ETH