2026-02-24 11:46:51

February 24, 2026 $ETH Market Analysis

Core conclusion: Short-term bears dominate, weak volatility, mainly high positions, supplemented by low positions, quick entry and exit with light positions.
Key support and resistance levels
Strong resistance: 1880 → 1920 → 1950
Strong support: 1800 → 1760 → 1720
III. Evening Strategy
1. Short (Main Strategy)
Open position: Gradually short on rebounds to 1880–1920
Stop loss: 1950
Target: 1800 → 1760–1720
Logic: Short on rebound pressure, do not chase shorts, wait for the rebound to re-enter
2. Long (Secondary Strategy, only with light positions)
Open position: Stabilize at 1750–1780 and go long
Stop loss: 1725
Target below: 1850–1880
Logic: Oversold rebound, only short-term, do not hold positions for battles
IV. Influencing Factors
Macro: Continued high interest rates by the Federal Reserve, only 4% chance of rate cuts in March, suppressing crypto valuations.
Funds: ETF outflows, cautious institutional sentiment, rising risk aversion.
Avoid holding large positions, avoid betting on directions, focus on quick entry and exit.

ETH-5,8%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.