Tuesday, May 19, 2026


ETH Evening Review
● Intraday: Downward trend. Break below the strong-weak watershed at 2160, clearly weaker than BTC. From the ETH/BTC exchange rate, capital continues to withdraw significantly, and the medium-term trend is bearish.
Resistance: 2150~2200
Support: 2050~2000, 1900~1950
1. Technical Analysis
● Daily chart: Downward trend.
1. Moving Averages: Break below all moving averages, bearish pattern, confirming a medium-term bearish signal.
2. MACD: Both lines enter below the zero axis, histogram continues to expand below zero, bearish momentum is releasing, indicating a bearish signal.
3. RSI: Break below 50 into the weak zone, not yet oversold, the decline is not over.
4. Bollinger Bands: Middle band pointing downward, opening downward, bearish signal.
2. Data Analysis
1. ETH/BTC exchange rate: Fell to 0.02727, hitting a 10-month low, down over 36% from the August 2025 high, BTC siphon effect is obvious, market risk appetite continues to decline.
2. Net inflow on exchanges surged, large position addresses decreased, capital withdrawal is evident.
3. Trading Strategy: Focus on shorting at high levels, only take small long positions if a clear volume rebound signal appears in the support zone, with strict stop-loss, quick entry and exit, no pattern.
ETH0.67%
BTC0.82%
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