📊 2026-03-05 ETH Technical Analysis (as of 18:00)

Current Price: approximately $2,135 (volatile sideways movement, linked to BTC rebound)

1. Trend Judgment

- Short-term (1H/4H): Bullish dominance, stabilizing above EMA20/50, forming Higher Low structure
- Mid-term (Daily): Rebound and recovery, breaking above the descending channel upper boundary, MA7/14/30 in bullish alignment; but MA90/180 still suppressing, no reversal
- Long-term: Still in a downtrend channel, $2,350–$2,550 as strong accumulation zone

2. Key Price Levels (Core)

- Resistance (from top to bottom)
- $2,160–$2,180: Intraday high + dense trading zone (key)
- $2,200–$2,220: Psychological barrier + previous minor top
- $2,250–$2,300: Fibonacci 38.2% retracement + strong resistance
- $2,350: Mid-term accumulation zone
- Support (from bottom to top)
- $2,100: Psychological level + morning pullback low
- $2,070–$2,080: 4H strong support + yesterday’s rebound point
- $2,050: Structural low, break below ends the rebound
- $2,000: Extreme support

3. Indicator Signals

- RSI(14): 58–60 (neutral leaning bullish, approaching overbought)
- MACD: Daily chart below zero line with golden cross, bullish momentum strengthening; 4H bearish divergence, caution for pullback
- Volume: yesterday’s surge with increased volume, today’s consolidation with reduced volume, selling pressure evident above
- Supertrend: Short-term bullish, but mid-term still bearish signals

4. Intraday Strategy (for reference only, not investment advice)

- Bullish Conditions
- Hold above $2,100 and stabilize, light positions for long entries
- Targets: $2,160 → $2,200 → $2,220
- Stop-loss: below $2,070
- Bearish Conditions
- Break below $2,100 with no quick recovery, high risk of shorting
- Targets: $2,070 → $2,050
- Stop-loss: above $2,180
- Watch and Wait
- When price consolidates between $2,100–$2,160, wait for a breakout

5. Risk Warning

- Contract long/short disagreement is high, volatility risk is extremely high
- Low probability of a breakout above $2,220 with no volume, beware of false breakouts followed by rapid decline