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Crypto Circle Li Ying: May 28th Ethereum (ETH) Latest Market Analysis and Trading Recommendations
Article published on 2026.5.28-----00:30
Family members! As of before this post, Ethereum's current price is 2070. Looking at this wave of movement, Ethereum feels quite frustrating; at 2069, it can't go up or down. But if you look closely, the bearish signals are actually quite obvious. Right now, it's a boiling frog market, with no strength for the bulls, and the rebound is weak. We need to watch the 2100 resistance level; if it can't break through, that’s an opportunity for us to short. Don’t be fooled by this sideways movement; the likely direction is downward. Be prepared to catch falling knives.
Ethereum 2-hour chart shows that after reaching a high of 2197, the price has been steadily falling, forming a downtrend. The current price of 2069 is below all major moving averages, especially the EMA120, which creates strong resistance. The MACD indicator has formed a death cross below the zero line, and although the histogram has shortened, it is still below zero, indicating the bearish trend remains unchanged. The middle band of the Bollinger Bands is sloping downward, and the price is under pressure from the middle band, showing weakness. Overall technical indicators favor the bears.
Short-term reference:
Buy at 2070-2030, exit if below 2000, target 2100 aiming for above 2140
Sell at 2140-2160, exit if above 2180, target 2110 aiming for below 2080
The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Due to the delay in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Li Ying’s analysis can be helpful to you!
The content of this article is real-time and for reference only. Trade at your own risk. $ETH #特朗普支持CFTC管辖预测市场