Technical analysis by Zhu-Buffett about Symbol ETH: Sell recommendation (3/11/2025)

Technical analysis of Ethereum (ETH) contract on March 11: Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern fell continuously, the price was below the moving average, and the attached indicator was dead cross. The large-scale downward trend was still very obvious, but even under such an obvious trend, there will still be many friends who choose to take long orders. Reverse thinking is necessary, but it is not used under such a clear trend. You are just lucky. Betting or being smart; the short-cycle hourly chart showed that the price of the European session fell under pressure the previous day, and the US session continued to break the low point of the previous day. After the correction in the morning, it fell again and broke the previous low point. So for the current trend, it is highly likely to continue within the day, and the rebound will not be strong.Therefore, today's ETH short-term contract trading strategy: sell at the 1845 area, stop loss at the 1875 area, and target the 1740 area;