The strength does not need to be overly displayed, the key is to gain more recognition from others. On the investment road, it is more important to do well than to prove one's strength to others. Whether it's a mule or a horse, you'll know once you take it out for a walk.

As a senior figure in the coin circle, I have always been committed to providing helpful advice to everyone, hoping that everyone will take fewer detours and make fewer mistakes in this market. Although I advise earnestly, the road to investment still needs to be explored by oneself, and learning is endless. The experience gained is the real wealth!

Here, I wish my fans to achieve financial freedom in 2024. Let's go together!

Coin Circle Academician: Analysis and reference suggestions for the latest market of Ethereum (ETH) on March 30, 2024

Many coin friends were not firm in their will yesterday and were misled by the market, missing out on such a good shorting opportunity. Before half past three yesterday afternoon, Ethereum had been oscillating in a range and couldn't break through the 3560 range. Later, it broke through the support to the 3520 range. Some people couldn't help but close their short positions when they saw the pullback, otherwise, if they had held on, the space for shorting near the planned position of 3480 last night at 11:45 would have been even greater. And my train of thought in the articles for the past two days has been mainly shorting, so today, if the pullback above does not break the pressure level, it is still mainly shorting.

As of the deadline for the daily K-line, it is near the 3500 integer mark, and if it stabilizes near the 3520 exchange point, there will be a short-term extension. If it doesn't stabilize, shorting will still be the first choice, with the K-line showing a bearish trend with two negative indicators and the EMA30 trend standing at 3475, which is worth paying attention to. It is in the closing stage, with MACD shrinking volume and increasing funds, and DIF and DEA breaking through the support at high levels may lead to a breakthrough of the 0 axis and enter a shorting trend. KDJ is converging downwards, and with the Bollinger Bands trending downwards, these are all indicators that need to be watched. (Daily K-line shorting trend is strong)

In the four-hour ultra-short trend, it can be seen that the EMA has started to converge, overlapping in the 3520-3530 range. After the MACD shrinks, the DIF falls below the 0 axis, KDJ converges upwards, and the overall trend of the Bollinger Bands is weak. The specific operational train of thought is as follows: For long positions, pay attention to the first support point at 3520 and the second support at 3460. For short positions, set a stop loss at 3420, the first entry point for shorting is 3580, the second entry point is 3610, and the stop loss point for shorting is 2650. The current trend favors shorting, so shorting is the main strategy. Specific attention should still be paid to changes in the market, and if the trend does not change, refer to the market data as the main reference. For more information, please consult the author. The publication of the article is delayed, and it is recommended for reference only. Risk is self-borne.

This article is exclusively provided by the Coin Circle Academician and represents the exclusive views of the academician. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Reprinting should indicate the source. Please control your positions reasonably when trading, and do not overexpose or go all in. The academician also hopes that investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the expected profits slip away. There is no need to be smarter than the market in investment. When the trend comes, follow it; when there is no trend, observe and be patient. It is not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. The heavens reward diligence, the earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the blink of an eye. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Coin Circle Academician wishes you a pleasant investment!

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