Coin Sea Wave: 5.13 Cryptocurrency Market Ethereum (ETH) Latest Market Analysis and Insights

Coin Sea Wave: 5.13 Ethereum (ETH) Market Analysis Reference:
Ethereum intraday price shows a rebound correction, with the daily chart in a consolidation phase, currently just above the middle band of Bollinger Bands but still under resistance from the upper band and supported by the lower band. The MACD indicator's DIF remains below DEA, with the red histogram slightly shrinking; although bullish momentum is weak, no clear reversal signal has appeared. The three lines of KDJ are turning upward below 50, with the J line rising sharply, indicating short-term rebound momentum has strengthened. The RSI indicator is in a neutral zone, with no overbought/oversold signals, combined with today’s small bullish candle, overall showing a weak correction with oscillation, but no clear trend has formed yet. Only a volume-supported stabilization in the 2330-2350 range can confirm a continuation of the daily bullish trend.
The short-term 4-hour chart is currently in a rebound phase after a decline, with the price breaking above the EMA moving averages and above the middle band of Bollinger Bands, but still under resistance from the upper band. Bollinger Bands are narrowing, indicating short-term oscillation is slightly bullish. The MACD histogram continues to shrink, with DIF approaching DEA, showing bearish momentum weakening. The KDJ has formed a golden cross and is diverging upward, with the J line rising rapidly. RSI has rebounded to a neutral to slightly bullish zone, combined with the short-term EMA moving averages turning upward, indicating short-term rebound strength is increasing. However, resistance in the 2330-2350 range is dense; if the price cannot break above the upper Bollinger Band with volume, it is likely to revert to oscillation. Do not blindly chase high; maintain high sell and low buy strategies within the range, and follow the trend after a breakout.
Coin Sea Wave: 5.13 Ethereum Short-term Reference:
Short position: Short in the 2370-2340 range, stop loss 30 points, target 2320-2270,
Long position: Long in the 2250-2280 range, stop loss 30 points, target 2300-2350,
This content is an original share by 【Coin Sea Wave】, only representing personal views. There may be delays in article delivery. For reference only. Do not operate blindly! I hope everyone can stick to their principles on the investment journey, regardless of market fluctuations, and stay rational and calm. #美国4月CPI上涨3.8% #沃什确认出任美联储主席 $ETH