May 21, 2026 ETH Technical Analysis

Current price and market structure (10:30)

Current price: 2130 USDT, slight upward movement in 24h, range 2095–2145

• Daily chart: Rebound from high levels, weak oscillation, price under pressure below the 50/100-day moving averages, moving averages are in a bearish alignment, short-term bearish dominance; 200-day moving average support intact, overall trend is bullish, indicating a medium-term deep correction

• 4-hour chart: Falling channel with low-level oscillation, short-term slight stabilization, MACD bottom divergence shows a weak rebound signal, but overhead resistance is dense, rebound height is limited, overall linked weakly with BTC

Key price levels

Resistance levels

1. First resistance: 2170–2180 (4-hour midline + intraday strong resistance)

2. Second resistance: 2220–2250 (daily Bollinger midline + previous support turned resistance)

3. Strong resistance: 2300 (dividing line between bullish and bearish trend)

Support levels

1. First support: 2100–2090 (intraday core support)

2. Second support: 2050–2040 (strong support defensive zone)

3. Strong support: 2000 (psychological + structural key support)

Technical indicators

• MACD: Daily chart green bars continue below zero line, bearish momentum not dissipated; 4-hour bottom divergence, short-term red bars appear, weak rebound signal

• RSI(14): 38, neutral leaning bearish, not oversold, downward momentum not fully exhausted

• Bollinger Bands: Daily midline pressing downward, lower band support obvious, overall convergence and weakening

• Volume: Rebound with decreasing volume, decline with increasing volume, buying pressure weak, mainly linked to overall market

Intraday trend forecast

Overall oscillation leaning weak, slight rebound followed by resistance and pullback, trading range 2090–2180:

1. Rebound facing resistance below 2180, likely to fall back to test 2100–2090

2. Valid break below 2090, continuation of bearish trend, further decline to 2040

3. Stabilize above 2250, break short-term weakness, attempt to test 2300

Short-term trading ideas

• Bearish: Short at 2170–2180, stop loss at 2210, target 2110–2090

• Bullish: Stabilize at 2090–2100 with small position, stop loss at 2060, target 2160–2180

• Breakout strategy: If below 2090, follow short; if above 2250, follow long#TradFi交易分享挑战 $ETH