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May 21 ETH Midday Analysis
The recent market trend has been continuously declining, with the lowest drop to 2074.26 before strong support and stabilization. Currently, the price has stabilized above the 7-day moving average, the MACD indicator has formed a golden cross and is trending upward, the bearish momentum is continuously weakening, and a short-term rebound trend has been established.
The current price is 2140.63, the short-term moving averages are gradually turning, the long-term and short-term moving averages are continuing to converge, the support below is solid, and as long as the pullback does not break the support, it is an excellent long entry window. The trend reversal signal is clear, and a bullish rebound is imminent. A personal suggestion: 2070-2120 target 2150-2180#BTC #ETH #BTC走势分析