2026-03-24 06:33:13

# ETH Analysis

ETH surged to 2198.57 yesterday before pulling back, with price pressured by short-term moving averages and the Bollinger Band midline, creating a deadlocked struggle between bulls and bears.

Technically, the Bollinger Bands continue to narrow, volatility contracts, KD indicators remain in the neutral zone, the lower band gradually rises, and downside momentum weakens in the short term; the 2125-2135 zone serves as core support, with a break below potentially testing the 2100 round level, while resistance above concentrates at 2160-2180, requiring volume breakout to reverse the weak trend.

From a macro sentiment perspective, Fed policy expectations still suppress risk appetite, market sentiment remains cautious, and ETH movement is highly correlated with BTC's pace. If BTC holds above 70,500 in the afternoon, ETH is likely to test the 2180 resistance; if BTC breaks below 70,000, ETH may simultaneously test the 2100 support level.

Trading Recommendation: Short 2170-2200, targets 2080-2000.

BTC1.52%

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