Ethereum midday outlook on 3.18: institutional outflows and technical resistance suggest ETH may experience a significant pullback tonight



Both macroeconomic and institutional factors present dual bearish pressures. If the Federal Reserve signals a hawkish stance tonight, liquidity tightening will directly impact risk assets. The technical chart also shows a double top formation, with the 2380-2385 USD range forming a strong resistance on the 4-hour chart, with multiple failed attempts to break higher followed by declines.

Consider short positions in the 2350-2380 resistance zone in stages, with a stop loss above 2400. The initial target is 2250-2260, and if broken below, further downside targets are 2200 and 2158.
ETH0,29%
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