Trading in the cryptocurrency market is a long-term plan; it's not about immediate results, so one should not be overly anxious. Even if there are losses in the short term, it's nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will ultimately return. However, it is crucial to grasp the timing for making trades and to understand the current market trends; this way, the winning rate will increase. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency enthusiasts to operate while learning, summarizing experiences from both gains and losses in a timely manner, deepening their understanding of risks, and planning the correct mindset. This way, one can reasonably avoid risks and become a qualified investor.

3.18 Cryptocurrency Market Update: Analysis of Ethereum (ETH) Market Trends

Let's take a look at what changes have occurred in the Ethereum market—have the concerns about the pullback risk been resolved? Today, I will tell you with a few key signals that the bulls are now in control. Looking at the 4-hour level. At 8 PM on March 17, this candlestick is very crucial, with a long lower shadow, a hammer line. This is a typical "bottom fishing" signal: the price dropped but was quickly pulled back by the bulls. Subsequently, a few consecutive bullish candlesticks confirmed that the short-term bottom was effective. Switching to the daily level, the pattern becomes more interesting: the large bullish candlestick on March 16 completely covers the bearish candlestick from the previous day. In candlestick patterns, this is called "bullish engulfing," which is a clear reversal signal. The bears had just finished their force, and the next day they were completely engulfed by the bulls, with strong buying pressure.

From the indicators: on the 4-hour level, the MACD fast line (DIF) and slow line (DEA) have just formed a golden cross above the zero axis. The specific values are 63.68 crossing 61.11, indicating a short-term bullish signal. Meanwhile, the MACD red histogram on the daily level continues to grow longer, reaching a value of 99.45, indicating that mid-term upward momentum is strengthening. Looking at the moving average system: the price is currently firmly above all EMA moving averages. Moreover, it shows a very standard bullish arrangement: the short-term 7-line at 2316, the mid-term 30-line at 2215, and the long-term 120-line at 2096—7>30>120, continually rising, which is a typical upward channel structure.

The trading volume in the last 4 hours is 289,973 ETH, a decrease of 43% from the previous cycle. The shrinkage in volume is quite evident. This indicates that this wave of rise is temporarily driven by existing funds, with not much new capital entering. Therefore, in the short term, one needs to be cautious about the risk of a volume-based pullback; it may not surge upward in one go.

Overall, the market signals are leaning bullish—bottom confirmation, golden cross indicators, and bullish moving average arrangement indicate an upward trend. The only hidden concern is that the trading volume has not kept pace. Therefore, do not chase prices; wait for a pullback to support before considering, and pay attention to Mr. Coin to help you grasp the market rhythm in real-time.

3.18 Short-term Reference for Ethereum:

In the 2345-2395 range, defend at 2580 and aim for below 2300,

In the 2200-2250 range, set a stop loss at 50 points and aim for above 2300,

The article is sent with some delay, and strategy suggestions are for reference only. The market changes rapidly, and no matter how confident you are in your market judgment, always manage your profit-taking and stop-loss effectively to secure your gains.

 For more real-time strategies daily, online technical learning, and other exit strategies, you can follow the official account (Mr. Coin Talks About Coins) to get additional information: The first ten to engage daily can receive free strategies for exiting positions

For more real-time updates daily, you can follow the official account (Mr. Coin Talks About Coins) for online technical learning, exit strategies, etc. I have studied the market for many years, focusing on major trends in the cryptocurrency space, and have studied abroad, primarily guiding analysis for BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are not experienced in trading, you are welcome to study and learn together.

This article is exclusively shared by Mr. Coin in the cryptocurrency market, representing only Mr. Coin's unique viewpoint. The article may be delayed in transmission; risks are to be borne personally. Reasonably control positions in trading, and do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to strive together. In the depths of time, lightly hold onto understanding. In investing, one must learn to be optimistic. Do not let the future you resent the present you. We truly live, but not every piece of data needs to be taken too seriously. Let the past be the past, and let the future come swiftly! Take good care of yourself, sharpen your weapons, and always be ready for action. Let's go!

—— This article is written by Mr. Coin in the cryptocurrency market, no plagiarism allowed, respect originality!

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