Coin Scholar: 5.25 Ethereum Daily Chart Downward Arrangement Confirmed! Moving Averages in a Waterfall Down, Is 2000 Points the Last Defense for Northbound? Latest Market Analysis and Trading Suggestions

　　
　　Ethereum current price 2100, Ethereum's market, when falling is faster than anyone, when rising is sluggish. This 2100 level, whether strong or weak, is uncertain, with bulls and bears pulling back and forth, afraid of falling when going long, afraid of rebound when going short, truly a mental trial. The current market is a typical situation where it can't move down but can't rise either, 2000 is not the bottom, 1800 might also be reached. Short-term quick in and out, don't focus on patterns, don't hold positions blindly, taking profits is the key. Staying alive in the market is better than anything, for long-term, lay out below 2000 with eyes closed.
　　
　　The daily K-line remains in a long-term downtrend channel, with the moving average system arranged in a standard downward order, all cycle moving averages suppressing the price, indicating a clear downtrend. The MACD indicator DIF and DEA are still operating below the zero axis, although the green bars are converging, a valid golden cross has not yet formed, indicating the downward momentum is weakening, but the downward trend has not reversed. The Bollinger Bands are opening downward, with prices continuously running along the lower band, the current strong resistance level is around 2230, and support is at the 2000 integer level. Without major positive news in the short term, the weak pattern is unlikely to change.
　　
　　Four-hour K-line, after touching the low of 2007, showed a technical rebound, briefly rising above EMA15, but the rebound height is limited, still suppressed by EMA30 and EMA60, indicating the rebound is only a correction within the downtrend. The MACD indicator has formed a golden cross, with the red bars continuing to expand, short-term northbound momentum has been released, but the Bollinger Bands still trend downward, upper band resistance at 2169, lower band support at 2099, the price is operating below the middle band of the Bollinger Bands, the rebound's sustainability is doubtful, most likely a weak rebound, difficult to form a reversal trend.
　　
　　 Short-term reference:
　　
　　Support at 2090 to 2060 northbound, stop loss at 2010, target at 2140 to 2160
　　
　　Resistance at 2140 to 2160 southbound, stop loss at 2180, target at 2080 to 2050
　　
　　Specific operations depend on real-time market data. For more information, you can consult the author. The article may have publishing delays, so use as reference only, risk bears by yourself. $ETH ‌#Polymarket每日热点