🔥 Ethereum’s deep V-shaped washout has ended, and a new round of directional decision window is now open


It surged from 2382 and then got dumped down to a low of 2311, completing a round of extreme “liquidity trap” washout

The 30-minute line has stabilized at strong support along the lower Bollinger Band, while bearish MACD momentum continues to narrow
The KDJ indicator makes a golden cross from a low level and turns upward—short-term rebound and repair signals are being released

⚠️ But the key pressure is still heavy and suppressing price
All of the EMA5 and EMA10 short-term moving averages are pointing downward. Any rebound is only an oversold rebound/repair, not a reversal—so you need to strictly control your position. Chasing longs requires tight risk control; if you chase shorts, you may end up selling right on the floor, and your tolerance for error is extremely low right now

👉 Do you think Ethereum will first rebound for a corrective repair, or will the downtrend continue?
1️⃣ Rebound upward to challenge the 2350 resistance
2️⃣ Continue probing the lows and test the 2310 support
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#ETH #Gate #合约避坑 #特朗普5月13日訪華
ETH-0.24%
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Sunday77
· 7h ago
This stabilization after a sharp decline is most likely to induce more buying. Do not open a full position to buy until it breaks above the short-term moving average.
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