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Wednesday "May 6th"
$ETH
ETH is now like a compressed spring, with volatility already suppressed to a low level, and the 2350–2400 USD range is the core observation zone. Overall, it’s a weak oscillation correction, not an active rally. If BTC leads the way, ETH will bounce a bit; if BTC pauses, ETH is likely to fall back easily.
Operational suggestion: wait for key support and resistance levels.
For bullish attempts: wait for a pullback to 2350 without breaking below, set a light stop-loss below 2330, target 2400–2420.
For bearish attempts: if stagnation or a 15-minute divergence appears near 2400, try a small position to short, with a stop-loss at 2425, target 2360–2350. If it breaks below 2350, add to short positions targeting 2330–2300.
Specific market points are based on Ziqing’s real-time signals. $ETH $BTC