Yesterday's Analysis (2026.5.7)


ETH's overall trend is oscillating downward, within the range of 2280-2360. Currently, positive news has not had a significant impact, and Wall Street remains cautious. The market still holds a fearful attitude towards Trump's visit to China, which adds some uncertainty. The previous phenomenon of "buying expectations, selling reality" has not kept pace, indicating that many investors are generally becoming more rational. Therefore, the Beijing negotiation results are the common concern and a signal for opening positions. In the coming days, position management can be seen as an effective risk control strategy. It is still recommended to focus on swing trading!!!

ETH Today's Analysis (2026.5.8) Bearish
Overall trend: oscillating upward, within the range of 2330-2230
Upper resistance point: 2305
Strong upper resistance point: 2335
Lower support point: 2260
Strong lower support point: 2230
Long position opening strategy: open around 2260, add positions around 2230, stop loss at 2215, close at 2295 for a profit of 35-65 points
Short position opening strategy: open around 2300, add positions around 2325, stop loss at 2340, close at 2270 for a profit of 30-55 points
ETH0.6%
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ChallengeFromBeginnerToExpert
· 05-08 10:36
Chong Chong GT 🚀
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