$ETH CryptoCircle LiYing: May 24th Ethereum (ETH) Latest Market Analysis and Trading Recommendations

　　
　　Article published on 2026.5.24-----00:30
　　
　　Family members! As of before this post, Ethereum is priced at 2059. Look at this chart—its previous decline was very fierce, breaking below 2200 all the way down, finally stabilizing around 2007. Now the price has rebounded to about 2059, which is like an injured person trying to stand up and take a few steps. But don’t get too excited yet; the area around 2150-2200 above is filled with the trapped souls from earlier, representing huge selling pressure. The current market is an oversold rebound, like a ball bouncing up after hitting the ground. Although there’s some movement, whether it can truly reverse depends on whether it can break through the several thick resistance walls above. For now, the bulls are still testing, and the bears still hold the advantage.
　　
　　Deep technical indicator analysis From the chart, the EMA moving average system shows a very standard bearish arrangement. Although EMA7 is attempting a golden cross with EMA30 at a low point, the long-term EMA120 remains high above and is sloping downward, indicating that the medium- to long-term downtrend has not changed. The MACD indicator shows signs of the red histogram shrinking or even turning green, with DIF and DEA forming death crosses deep below the zero line. This means that bearish momentum has weakened but not disappeared; it’s currently in a weak oscillation and recovery phase. The Bollinger Bands are opening downward; although the price rebounded after touching the lower band, it is still operating below the middle band at 2083. This is a very critical signal—if the price cannot stay above the middle band, any rebound should be considered a continuation of the downtrend.
　　
　　Short-term reference:
　　
　　Buy at 2010-1980, exit if below 1950, target 2060 aiming for above 2100
　　
　　Sell at 2085-2100, exit if above 2130, target 2010 aiming for below 1950
　　
　　The above content is exclusively original by LiYing. Please indicate the source when reprinting! Due to delays in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope LiYing’s analysis will be helpful to you!
　　
　　The content of this article is real-time and for reference only; trade at your own risk. ‌#PlatinumCard作者专属