【5.13 Squat Jump】ETH 2255 confirmed strong support! Multiple bullish signals sounding, the current price rebound officially begins!

Dear comrades, I am your technical risk control officer.

On May 13th, after experiencing two consecutive days of sideways decline, Ethereum (ETH) finally stabilized at a key support level. The current market shows extremely strong reversal signals, and the main force’s shakeout around 2255 is nearing its end. Don’t be frightened by the previous drop; the real trading opportunities often emerge during panic.

Below is a multi-dimensional in-depth analysis and practical deployment plan for ETH.

  1. Multi-timeframe technical overview analysis

  2. Daily chart level: Pullback confirmation, uptrend remains unchanged

From a long-term perspective, ETH’s previous decline was a healthy retracement after breaking through the 2380 resistance zone. Currently, the price has formed a clear wide-range consolidation bottom in the 2250-2300 area. As long as the daily closing price does not fall below 2250, the overall bullish rebound logic remains unshakable.

  1. Four-hour chart (4H): Bearish exhaustion, forming an arc bottom

In the 4-hour timeframe, the downward slope is beginning to flatten. The MACD indicator shows a clear bullish divergence warning below the zero line, and the green energy bars continue to shrink. This indicates that the selling pressure has basically been released, and the market is entering a high turnover phase of chips.

  1. One-hour chart (1H): V-shaped reversal, moving averages fully recovered

From the current hourly performance, signs of bullish counterattack are very clear:

Price action: ETH quickly rebounded after bottoming at 2255.15, and the current price has stabilized above 2301.

Moving average system: The current price has successfully broken through the MA30 (2291.50) resistance, and the short-term MAs MA5 (2292.76) and MA10 (2287.07) have formed a golden cross at low levels.

Bullish dominance: The current candlestick bodies are full, crossing multiple moving average resistances consecutively, showing a very strong short-term upward intention.

  1. Today’s trading strategy

ETH has now completed the transition from decline to sideways and then to strength, making this an ideal entry point for long positions with a high risk-reward ratio.

🚩 Real-time order placement (enter at current price)

Entry direction: Long

Entry price: 2301.61

Stop-loss level: 2255.57

First take-profit level: 2324.62

Second take-profit level: 2370.65

  1. Exclusive insider tips from the technical blogger

Comrades, watch the market for “momentum.” Currently, the 1-hour level has formed a very standard oscillating upward channel. Although there is still some trapped chip pressure in the 2330-2340 range, with the formation of a bullish moving average system, this wave of rebound is highly likely to recover lost ground in one go.

Trading mindset: Do not easily give up your bloodied chips when oscillating around 2300. Since the low point at 2255 has been verified by real market trading, what we need to do is follow the trend and stay firmly bullish.

⚠ Risk reminder: Cryptocurrency markets are highly volatile. The above analysis is for reference only. Be sure to strictly implement stop-loss prices; position management is always the key to survival!

Think the analysis is hardcore enough? Like and follow so you won’t get lost! Leave your cost basis in the comments, and I will analyze the next liquidation strategy for you!

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