Crypto Circle Academician: On 3.7, Ethereum's Northbound Chips Are Insufficient, Is the Main Force About to Take Control? Latest Market Analysis and Strategy for ETH

　　Current price is 1975. It's now 3 a.m. in Beijing, and the Northbound movement has already started. Now is a test of patience. I've heard stories of losses, but I've never heard the reasons why they entered the market, what they gained from it, or what they lost. I only know that their losses come from the heart. But if they could cancel and choose again, could the outcome be different? I don't think so. The determination to enter the market at that moment is also heartfelt. The result may not be perfect, but it will be profound. That is your gain.
　　
　　Before the daily K-line report, the highest was 2092, the lowest 1954. The EMA15 trend fast line support at 2010 has already been broken, and the market has also fallen below 2000. MACD has been decreasing in volume, with DIF and DEA's upward expansion hindered. Meanwhile, the daily K-line has fallen from the upper band at 2100 to the middle band at 1977. The overall trend shows a large downward movement, indicating insufficient chips for the Northbound. The main force is pulling back, which is also our opportunity. We can look for positions to go North.
　　
　　Four
　　The hourly K-line broke below the EMA trend indicator. MACD volume has been shrinking with increasing positions, showing a clear short-term bearish trend. DIF and DEA's high-level increase approached the 0 line. The K-line also broke below the Bollinger middle band at 2060 and approached the lower band at 1930. In the short term, the market is in extreme oversold conditions. If there is demand, a short-term Northbound pullback can be a good entry point. Non-professionals should be cautious.
　　
　　 Short-term reference: (Practical data has been updated. For details, consult Literature)
　　
　　Below 2000 to 1950 for Northbound, stop loss 40 points, target 2100 to 2150, break level 2200 to 2250
　　
　　Above 2200 to 2250 for Southbound, stop loss 40 points, target 2150 to 2100, break level 2050 to 2000
　　
　　 Specific operations should be based on real-time market data. More information and articles are available, but there may be delays in publishing. Investors are advised to consider risks carefully. #GateforAI重磅上线