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#Polymarket每日热点
Ethereum is currently not only engaged in a technical battle; it is also trading at a psychological threshold. As of May 28, widespread selling pressure across the market, especially the rise in U.S. bond yields, increased Bitcoin dominance, and short-term profit-taking have put significant pressure on ETH. However, based on current data, I believe the likelihood of Ethereum permanently falling below $2,000 by the end of May remains limited.
Whale movements, spot ETF expectations, and the amount of locked-up supply in staking continue to remain notably strong. In particular, the recent weeks have seen large wallets withdrawing ETH from centralized exchanges, indicating that long-term investors are still holding their positions. This is one of the most important factors supporting quick rebound reactions after sharp declines.
From a technical perspective, the critical support zone for Ethereum is between $2,050 and $2,100. Although the RSI has weakened in the short term, its approach to oversold territory makes a strong “flush” followed by an upward reaction quite likely. If Bitcoin stabilizes above the $67K level, it wouldn’t be surprising for Ethereum to recover back to the $2,300 – $2,450 range.
My prediction: 📌 By the end of May, Ethereum’s price will close in the $2,200 – $2,400 range. 📌 A short-term wick could see it below $2,000, but I do not expect a permanent breakdown. 📌 The most likely scenario: a volatile but recovering ETH market toward the end of the month.
Additionally, on-chain data showing a still-high staking rate, growth in the Layer-2 ecosystem, and continued institutional interest are among the main dynamics keeping Ethereum strong in the long term. Even if fear levels in the market increase, large capital typically accumulates positions during these periods.
In conclusion, despite short-term panic in the market, Ethereum’s fundamental structure remains strong. Therefore, I believe ETH will stay above the psychological $2,000 support level by the end of May.
🚀 “Smart money buys fear.”
🔥 Volatility can be intimidating, but opportunities often arise precisely in these moments.