$ETH Crypto Circle Academician: On 5.14, Ethereum at 2253 shows weak oscillation without changing the structure; as long as key support is not broken, the rebound trend can start at any time! Latest market analysis and trading suggestions

Ethereum is currently priced at 2255, having been swept twice during northern attempts to buy in. This wave of market movement is indeed frustrating—rising but not breaking through, falling but not deepening. The market that sweeps stop-loss orders back and forth is the most exhausting. Everyone, don’t get overly emotional when trading; keep your positions light, especially when the market direction is unclear. Don’t go all-in and blow your bullets at once. Remember, staying alive is more important than anything else. Wait until the trend emerges before increasing your positions. If there’s no volume breakout tonight, it’s likely to remain volatile. Don’t let short-term fluctuations affect your mindset. We stay steady and patient—there are plenty of opportunities!

The daily K-line remains in a weak oscillation pattern. The price is trading below the EMA30, with the short-term moving averages turning downward, indicating that the northern rebound is weak. Although the MACD indicator has not yet shown a bullish crossover, the green bars are continuously shrinking, suggesting that the downward momentum is gradually weakening, and a technical rebound is possible. The Bollinger Bands are narrowing, with the upper and lower bands at 2383 and 2240 respectively, compressing the price fluctuation space and indicating that the market is gathering strength, about to break through in a new direction.

The four-hour K-line has just completed a wave of breakdown, with the price falling below the previous consolidation platform. After the MACD death cross, the green bars continue to expand, showing a clear short-term downward trend. The moving average system is arranged in a typical downward order, with EMA15, EMA30, and EMA60 layers pressing down. The price repeatedly faces resistance around the 2300 level during rebounds. The Bollinger Bands are opening downward, with the price running close to the lower band, indicating a short-term oversold condition. There’s a high probability of a small rebound to repair the indicators, but the rebound height is limited, making it difficult to break through the 2300 resistance level.

Short-term reference:

Support from 2240 to 2210 northern attempt, stop-loss at 2180, target at 2280 to 2300

Resistance from 2290 to 2310 southern attempt, stop-loss at 2340, target at 2260 to 2240

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