Cryptocurrency Academy: On March 7, Ethereum's upward movement faces insufficient chips, is the main force still controlling the market? Latest market analysis and thought reference.

CN
6 hours ago

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Crypto Circle Scholar: March 7, 2026 - Latest Ethereum (ETH) Market Analysis Reference

Ethereum's current price is 1975, it is three o'clock in the morning Beijing time, and Northern investors have already entered the market. Now it’s about patience. I’ve heard many stories of losses, but I have never heard the reasons they entered the market, nor what they gained from the market, or what they lost. I only know their regrets come from the heart, but even if they could choose again, would the outcomes be different? I don’t think so. The determination at the moment of entering the market also comes from the heart. The results may not be perfect, but they are definitely profound; this is what you have earned.

Before the publication, the daily candlestick chart reached a high of 2092 and a low of 1954. The EMA15 trend fast line support level of 2010 has been breached, and the market has also fallen below 2000. The MACD has shown a continuous decrease in volume, the DIF and DEA's upward expansion has been hindered, and at the same time, the daily candlestick chart has dropped from the upper band of 2100 to the middle band of 1977. The overall trend has formed a significant bearish trend, indicating insufficient chips from Northern investors. The main force is consolidating during the pullback, which also presents our opportunity to find a position to move North.

The four-hour candlestick chart has broken below the EMA trend indicator. The MACD has shown a continuous decrease in volume and an increase in chips, with a clear short-term bearish trend. The DIF and DEA have expanded downward from a high position and approached the 0 axis, and the candlesticks have also fallen below the Bollinger Band's middle line of 2060, reaching the lower band support near 1930. The short-term level has entered an extreme oversold situation, indicating a demand for a market pullback. If moving North is effective in the short term, it can be a point for entry, but non-professionals should be cautious.

Short-term reference: (Practical data has been updated, for details consult the writer)

Moving North from 2000 to 1950, stop-loss at 40 points, target at 2100 to 2150, breaking point targets at 2200 to 2250.

Moving South from 2200 to 2250, stop-loss at 40 points, target at 2150 to 2100, breaking point targets at 2050 to 2000.

Specific operations should be based on real-time market data. More information details can be consulted with the writer. There may be delays in article publication, and the suggestions provided are for reference only; risks are self-borne.

This article is exclusively contributed by the crypto circle scholar and represents the scholar's exclusive viewpoint. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the views and suggestions above are not real-time and are for reference only. Risks are self-borne, please indicate the source when reprinting, control your position reasonably, and do not operate heavily or fully. The scholar also hopes that investors understand that the market is always right. If you are wrong, you should summarize where the problem lies instead of letting the profit that should have been yours fly away. It is unnecessary to be smarter than the market in investment. When a trend comes, follow it; when there is no trend, observe quietly. It is not too late to act when the trend becomes clear. Tomorrow's success comes from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards dedication. Gains and losses are often unnoticed. Cultivate the habit of strictly setting stop losses and take profits for each trade. The crypto circle scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The ads at the end of the article and in the comment section are unrelated to the author. Please distinguish carefully. Thank you for reading.

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