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May 5th, Tuesday, Zhongling Morning ETH Silk Dew Sharing
Ethereum surged higher and then pulled back, indicating accumulation during the upward move, and the bullish trend remains unchanged. The price rose from 2320 to 2398 and then consolidated, currently stabilizing around 2350. The 4-hour chart remains within the upper band of the Bollinger Bands; after a pullback confirmation, further upward movement is expected. Trading suggestion: Go long near 2320, with the initial target at 2400.
$BTC $LAB #DeFi4月安全事件损失超6亿美元