#Gate广场五月交易分享

‍#Polymarket每日热点
On May 13th, the overall cryptocurrency market remained volatile, with Ethereum temporarily hovering around $2,300. I believe ETH will mainly fluctuate today, staying above $2,300 on May 13th. The analysis logic is as follows:
1. Technical trend analysis
ETH today follows Bitcoin's trend but is slightly stronger. Currently closing at $2,298, with a high of $2,307.83; the daily SAR indicator is at $2,256.65, indicating a bullish trend, but the 4-hour moving averages are in a bearish alignment (MA7 < MA30 < MA120), suggesting a short-term downtrend. The 4-hour SAR is at $2,273.20, serving as a trailing stop for long positions. The Bollinger Band width is at a recent low level (133.57), with the 30-day bandwidth ranking only 28, indicating volatility compression and a brewing trend reversal signal.
On the 15-minute chart, the market is in a stable oscillating upward wave, showing a bullish divergence on the MZCD indicator; on the 4-hour chart, the MACD green bars are shrinking, and the price is still some distance from the middle Bollinger Band, which is around 2318, above the 2300 level; on the daily chart, the Bollinger Band middle line pressure is at $2,314, and the MA5 moving average pressure is also above $2,300. Looking at the weekly chart, although the subsequent trend is not very clear, Bitcoin has already shown weekly bottom reversal indicators. If the upward momentum continues, altcoins will also hit new highs.
2. News outlook
1. Yesterday, the US CPI data exceeding expectations was reflected in the market, with a low of around 2255 last night. The negative sentiment has been fully digested, and today’s news is relatively calm. There are no major changes in US-Iran relations.
2. Tomorrow at 22:30, the US Senate Committee will review and vote on the latest version of the CLARITY ACT. The outcome is expected to have a transformative impact on the market. Currently, the market is in a quiet period before major news releases, so today’s volatility is unlikely to be significant.
In summary, Bitcoin and Ethereum are not expected to have major movements today. The trend of ETH oscillating and rebounding higher is likely to continue, and breaking above and stabilizing at 2300 points is highly probable.