Ethereum Short-term Strategy: Rebound Facing Resistance, High Shorts Primary (March 20)

Yesterday clearly indicated that the bottom formation is gradually taking shape, and there should be no chasing of shorts. The market opened a rebound as expected in the late night, with Ethereum reaching around 2160 at the highest, accurately materializing the forecast.

The current price has arrived at the double resistance zone of the 15-minute MA100 moving average and the previous dense trading area. Strong resistance is concentrated around 2180 above, rebound momentum is significantly declining, and short-term bullish continuation is insufficient.

Operating Ideas
ETH: When the rebound reaches the 2160-2180 zone and faces resistance, batch layout short positions. Position control defense level: if it stands firmly above 2185, exit with stop loss. Below, first watch the 2120-2100 support zone as the target.

Overall rhythm focuses on rebounding shorts as the main strategy, without blindly chasing longs, waiting to participate in the trend after price faces resistance.
$ETH #Gate13周年全球庆典