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Morning Ethereum Analysis 5.13
Recommendation: Short in batches around 2300–2330, with targets at 2270–2250.
The “second cake” is synchronizing with Bitcoin; both are under pressure at the highs, and the linked weakness pattern is clearly evident.
In the short term, the push higher lacks momentum; the bulls have insufficient follow-through, and the need for a technical pullback is being released.
Trade in line with the trend: set up short positions on rallies without blindly chasing highs; wait for the price to pull back in the range to capture profits. $ETH