#ETH $ETH Crypto Market Navigator: ETH Convergence Triangle Reversal Imminent on 3.26, One Candlestick to Determine Direction! Latest Market Analysis and Trading Strategy Reference

Ethereum current price 2165, ETH is currently stuck at 2165 going neither up nor down, don't be fooled! This is not bottom formation, but consolidation after a sharp decline—the downtrend in the larger timeframe hasn't fundamentally changed. The MA60 moving average is pressing overhead, unable to break northward, while accumulating strength southward. The next one candlestick will define the direction. Blindly catching the bottom or chasing highs can easily result in losses; following the trend is the way to go.

Daily bearish framework remains intact, larger timeframe trend still tilted bearish. The K-line declined from the 2385 high, then rebounded to Fibonacci 0.786 resistance at 2425 but encountered resistance and pulled back. Currently grinding at the bottom around 2165, hasn't broken through the previous downtrend line—this is a technical correction after oversold conditions. Although MACD red columns show volume increase, DIF still hovers near the zero line, with severely insufficient northbound momentum while southbound still dominates. Combined with the current K-line under pressure at the MA60 line around 2144, the moving average bearish alignment hasn't been completely broken.

Four-hour reversal window has opened. K-line pulled back from the 2385 high with progressively higher lows and progressively lower highs, forming a convergence triangle consolidation pattern with continuously narrowing fluctuation range. MACD red columns continuously shrink with DIF and DEA showing death-cross signals—northbound momentum is weakening. Key triangle upper rail resistance at 2200, lower rail support at 2100. Once either boundary breaks, prepare for both scenarios. Safety first.

Short-term reference: (Live trading data updated, consult author for details)

Lower range 2120 to 2100 northbound, stop loss 2050, target 2160 to 2180

Upper range 2180 to 2200 southbound, stop loss 2245, target 2120 to 2100; break below 2100 continue southbound to 2080 to 2050

Specific operations based on real-time order book data. More information available by consulting the author. Articles have publication delays; this is for reference only, risks assumed individually. ‌#加密市场回涨