ETH Early Session Rally Hits Resistance at 2200, Three Volume Surges Failed to Break Through, Follow on Breakout Confirmation (March 16)

Ethereum rallied sharply in early trading, again testing the key resistance level at 2200, with multiple bullish volume surges in recent periods failing to establish a solid foothold. This indicates concentrated selling pressure at this level and increased difficulty in breakthrough. The current market is at a critical decision point between bulls and bears, with volume being the core signal for determining direction.

Operationally maintain patience and avoid chasing highs blindly:
If subsequent price action shows volume-backed consolidation above 2200 with strengthening price-volume alignment, follow through with long positions; if continuous pressure leads to volume contraction, be cautious of pullback to support levels. Strictly control position size and wait for clear breakout signals before taking action.
$ETH ‌#加密市场上涨