$ETH Crypto Circle Academician: On 3.31, Ethereum's northern rebound was fleeting, and the southern dominance pattern remains unchanged. The south is eating up gains at 2060! Latest market analysis and strategic reference

Ethereum's current price is 2030. Don't be misled by market noise anymore! Every rebound of Ethereum now essentially presents an opportunity to go south. While everyone is still debating whether it can bounce back, the true players have already completed their positions at key levels. I chose to go south at 2060, not out of courage, but due to precise judgment of structure, resistance, and capital flow. The more chaotic the market, the more professional it looks; the greater the volatility, the clearer the pattern. What you see as risk, I see as rhythm; what you fear as a pullback, I hold onto as a system. The upcoming market phase will thoroughly differentiate traders—those who understand the structure will profit, while those who don’t will be repeatedly harvested.

The daily K-line shows the current price at 2029, up 2.32% from the previous day, successfully recouping part of the decline, but still below the MA20 (2115), which is acting as short-term resistance. The MACD red bars continue to expand, DIF crossing above DEA to form a golden cross, indicating a clear northbound trend. However, insufficient volume suggests this is more of a rebound than a reversal. The Fibonacci 0.786 resistance level at 2425 is a medium-term target, with strong support at 1736 below. Overall, the pattern shows a bottoming and rebound, but southward dominance still prevails.

The four-hour K-line shows a slight pullback, currently oscillating between the MA20 and MA30. Although the MACD indicator's DIF is trending upward, DEA remains below the zero line. After the red bars turn green, volume weakens, indicating insufficient momentum for northbound movement. The middle band of Bollinger Bands at 2012 provides support, with the upper band at 2066 acting as resistance. Price is in a narrow range, with an unclear short-term direction. Waiting for a breakout signal is necessary. Traders like me who are short above 2060 can hold and observe for now. After all, the short-term market remains oscillating and biased bearish.

Short-term reference: (Practical data has been updated. For details, consult the author)

- Going south from 2060 to 2080, stop-loss at 2100, target 2000 to 1960. If broken, look to 1740.
- Going north from 1950 to 1980, stop-loss at 1930, target 2030 to 2050. If broken, look to 2085.

Specific operations depend on real-time market data. For more information, contact the author. The article may have delays; for reference only, risk is on your own. #国际油价走高