May 14 Midday Market Analysis: Last night, Ethereum faced resistance again and declined, dropping from 2322.68 to around 2233. The main reason for yesterday's decline was that Bitcoin ETF net outflows were $630.4 million, and Ethereum ETF net outflows were $36.3 million. Currently, there are signs of stabilization around 2250. Today, the key focus is whether the support in the 2230-2250 range can hold effectively. If there is a significant break below, it may test the medium-term support at 2150. For short-term trading, it is recommended to first observe rebound opportunities, and after the rebound is resisted, look for high-position entries. Intraday trading suggestions: if the price rebounds to the 2300-2350 zone, consider shorting with the target range of 2200-2250 and a stop loss at 2380; if the price retraces to the 2200-2250 support zone, consider scaling into long positions with the target range of 2300-2350 and a stop loss at 2150.


‍$BE$METAX #Gate广场五月交易分享
ETH-1.64%
METAX1.92%
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