3.17 ETH Morning Market Analysis
Logical Support
1. 4-hour bullish trend, 2310 short support, 2280 strong support, healthy volume-price with no divergence
2. Upgrade favorable news + ETF capital inflow, weak selling pressure, BTC correlation strengthening
Trend Classification
Short-term consolidation with upside bias, pullback and push higher as main scenario, 2280 not broken means no bearish view
Practical Targets
- Current price 2345 long, take profit 2360-2370
- Pullback to 2310 long, take profit 2360-2380
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