CryptoCircle LiYing: March 30th, Ethereum ETH converges in a triangle at the end of its life-and-death breakout. Will the bulls make a desperate comeback or will the bears deliver the final blow? Latest market trends and trading suggestions

Folks! Ethereum has experienced an extreme correction after a sharp rise and fall, repeatedly bouncing between 1979 and 2070, forming a very narrow Bollinger Band convergence triangle. Currently, the bulls are holding support near the lower Bollinger Band at 1979, while the bears are applying pressure around 2100. LiYing asserts: The short-term battle between bulls and bears is entering the eve of a decisive moment. The direction of the upcoming Bollinger Band breakout will determine whether ETH restarts a bull market or plunges into a deep bear market!
The current price is at 1989, trading below the middle Bollinger Band at 2003 and close to the lower band at 1979. Short-term, the bears have the upper hand, but the support at the lower band is very resilient. With the Bollinger Bands tightly contracted, the price will either consolidate sideways or break out into a one-sided trend. The short-term moving averages are diverging downward, MACD bearish momentum is weakening, and the DIF line remains below DEA. If DIF crosses above DEA to form a golden cross with increased volume, it will be a clear rebound signal; conversely, if DIF crosses below DEA again, it will confirm the continuation of the downtrend. Be prepared for both scenarios.

Short-term trading strategy (LiYing’s expert guidance, precisely aligned with market conditions):

Long idea: buy at 1980 to 1985, stop-loss at 1975, target 2000 aiming for 2100
Short idea: sell at 1975 to 1970, stop-loss at 1985, target 1900 aiming for 1800

LiYing’s insight: The current market is as calm as before a storm. Professional traders are competing now with patience and discipline. Remember: Better to miss out than to make mistakes; accept small losses but avoid large ones. The market always rewards those who respect the trend and follow the rules!

Note: The above analysis is based solely on technical logic by LiYing and does not constitute investment advice. Markets carry risks; invest cautiously. #比特币震荡走弱 #成长值抽奖赢金条