$ETH Crypto Circle Academician: 5.27 Be cautious of Ethereum's second bottom! The daily downtrend momentum has not dissipated, and the key support level determines the overall direction? Latest market analysis and trading suggestions

Ethereum's current price is 2070, this second-ranked coin is oscillating back and forth, sometimes I can't help but wonder, is my rhythm too slow? But looking back, I have survived in the market, although not much has doubled, but the market is never short of opportunities. What we need to do is protect the principal and stay calm. Don't be greedy, avoid fighting, follow the trend—this is more important than anything. Take it slow, and let's wait together for the next wave of market movement

The daily K-line is generally in a weak consolidation state. The price is currently suppressed by the EMA15 and EMA30 moving averages, with short-term rebounds lacking strength. The Bollinger Bands are opening downward, with the middle band around 2196 acting as strong resistance, and the lower band near 2003 as a key support. The MACD indicator's DIF is operating below the zero line, with green bars shrinking but no clear reversal signal, indicating the downward trend still dominates. The daily chart shows no clear signs of stabilization, and the likelihood is that the weakness and oscillation will continue, with close attention needed on whether the 2000 level support remains effective.

The four-hour K-line shows moving averages arranged downward, with the price suppressed by EMA15 and EMA30, limiting the rebound height. The Bollinger Bands are narrowing, with the price trading below the middle band, and the upper band around 2140 providing strong resistance. The lower band near 2064 offers weak support. The MACD DIF and DEA are glued below the zero line, with the red bars shrinking continuously, indicating that the upward momentum is gradually weakening. The short-term rebound is likely a weak correction, and the overall trend remains downward. Short-term trading should be quick in and out, avoiding fighting the trend.

Short-term reference:

Buy on dips from 2060 to 2010, stop loss at 1970, target 2090 to 2130

Sell on rallies from 2100 to 2130, stop loss at 2160, target 2080 to 2040

A break above the Bollinger upper band indicates the short position is invalid. The current market is relatively weak; long positions are only for short-term speculation. Short positions should wait for a rebound confirmation signal before entering, with strict stop-losses—avoid holding heavy positions or fighting the trend.

For specific operations, rely mainly on real-time market data. For more information, contact the author. The article may be delayed; for reference only, risk is on your own. ‌#美军打击伊朗