$ETH Crypto Circle Academician: On 5.21, Ethereum's daily chart adjustment, where exactly are the target levels? Latest market analysis and trading suggestions

　　
　　Ethereum is currently priced at 2138, with strong resistance above the 2200-2250 moving averages on the daily chart. In the short term, the price has broken below the EMA15, 30, and 60 moving averages, forming a typical downward arrangement. In the MACD indicator, DIF and DEA are dead-crossing below the zero line, with green bars continuing to expand, indicating ongoing downward momentum. The Bollinger Bands are opening downward, with the price running along the lower band. The short-term psychological support is at 2100; if broken, it will likely test the previous low around 1736. The overall current trend is bearish, and rebounds are only weak corrections.
　　
　　After falling from the high of 2422 to 2074 on the four-hour chart, the price entered a narrow range of oscillation, currently hovering around 2130. The EMA moving averages are arranged downward, and the rebound has been consistently suppressed by EMA15, with no short-term breakout momentum. The MACD shows a bullish divergence signal, with the red bars starting to expand, and DIF turning upward, indicating a potential weak rebound in the short term. The Bollinger Bands are narrowing, with the price operating above the lower band. The first resistance is at 2170; a breakout could challenge the strong resistance near 2220.
　　
　　 Short-term reference:
　　
　　Above 2170 to 2220 heading downward, stop loss at 2230, target at 2110 to 2080, break below targets 2070
　　
　　Below 2110 to 2090 heading upward, stop loss at 2070, target at 2170 to 2200, break above targets 2220
　　
　　Actually, the current market, to put it plainly, is dominated by the main players shaking out positions. Both bulls and bears are struggling. Don’t always try to catch every wave; if you can’t, take a break. It’s much better than holding on and getting caught in the trap. Ethereum’s correction isn’t over yet; wait patiently for signs of stabilization before acting. Protect your capital so you can catch the big moves later! ‌#30年期美债收益率突破5%