$BTC Crypto Circle Academician: April 2nd, Ethereum chasing highs can ruin your life, buying low can make three generations rich! 2100 is just the starting point, 2300 is within reach! Latest market analysis

Ethereum is currently priced at 2140. Recently, the trend has finally shifted from oscillating and bottoming out, with a rebound from the lows and steady price increase. It has now stabilized above the 2100 level. Retail investors are most concerned about whether to continue pushing higher or to pull back. From the chart, the daily timeframe has completed bottom repair, and the buying momentum from the north is gradually accumulating. However, there is still strong resistance between 2400 and 2500. In the short term, a slow bull trend with oscillations is most likely, not a quick surge. In terms of trading, avoid chasing highs and patiently wait for pullback opportunities.

The daily K-line reached a high of 2167 and a low of 2081. The moving averages are arranged in an upward pattern, with prices relying on the MA20 to continue rising, establishing a medium-term rebound trend. The MACD indicator's green bars are shrinking, with DIF and DEA gradually converging, and a golden cross is about to form, indicating ongoing bullish momentum. The Bollinger Bands' middle band is turning upward, and the price is moving between the upper and middle bands, showing a strong bullish pattern. Overall, the daily rebound structure is complete.

The four-hour moving average system is arranged upward, with prices continuing to climb along the averages, indicating a strong short-term trend. The MACD red bars are expanding, with DIF and DEA trending upward, showing sufficient bullish momentum. The Bollinger Bands are opening upward, with prices near the upper band, in overbought territory, indicating a technical correction is needed. The Fibonacci 0.786 level at 2425 is a key resistance, with the MA20 at 2065 providing strong support below. The four-hour timeframe is dominated by upward movement, with short-term oscillations; pullbacks are buying opportunities.

Short-term reference: (Trading data updated, for details consult the author)

Above 2200 to 2240, stop loss at 2280, target 2150 to 2100

Below 2100 to 2050, upward, stop loss at 2000, target 2200 to 2300, break below to 2420

Trading should mainly focus on upward moves. Downward trades are only suitable for quick short-term entries and exits. Strictly control position sizes, no more than 30% of total funds per trade, and enforce stop-losses to avoid large losses from one-sided market rallies.

Specific operations should be based on real-time market data. For more information, contact the author. The article may have delays; use for reference at your own risk.