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March 19 Er Bing Morning Strategy
24-hour decline approximately -5.8%, breaking below 2200 level, whale selling pressure emerging combined with rising US Treasury yields, liquidity tightening expectations intensifying, overall crypto market under pressure
Daily Chart: High volume close on bearish candle, dark clouds + consecutive bearish candles, weak rebound, volume on decline, bears in control
Trading Suggestions: Entry: Short on resistance at 2220-2240 range (weak rebound, volume stagnation)
Stop Loss: Above 2260 (breakthrough invalidates bearish setup)
Targets: 2150—2120—2100 (take profits in batches)
Position Size: 3%-5% of total capital$ETH