Crypto Circle Academician: The daily downtrend pattern of Ethereum on May 30th is hard to reverse, how to seize short-term opportunities on the 4-hour chart? Latest market analysis and trading suggestions

Actually, trading really doesn't require too much anxiety; the market offers opportunities every day, and there's no need to catch every wave. Today's rebound looks good, but the overall trend remains bearish. It's best to try small positions to test the waters, and don't put all your assets at risk. If you're unsure, it's better to wait and see, and act once the trend becomes clearer. Preserving your capital is the most important. I hope everyone can make steady profits and not be driven by market volatility.

Ethereum's current price is 2040, and the daily K-line is still in a downward channel overall, with the price under pressure from the EMA15/30 moving averages, forming a clear southward arrangement. The MACD indicator shows the DIF line below the DEA line, but the green bars are shrinking, indicating weakening downward momentum, and a short-term weak rebound correction is needed. The middle band of the Bollinger Bands continues to decline, with the upper band pressure around 2356 and the lower band support around 1953. The current price is between the middle and lower bands, and the weak oscillation pattern remains unchanged. There is no obvious volume increase, indicating that both bulls and bears are in a wait-and-see state, with no clear trend signals.

The 4-hour K-line rebounded slightly after touching the low point of 1965, with the current price around 2039. It temporarily broke above the EMA15, but the EMA30/60 above still forms strong resistance, and the rebound strength is weak. The MACD indicator shows a golden cross with increasing red bars, indicating short-term upward momentum release, but overall still below the zero line, indicating a weak rebound. The Bollinger Bands are opening downward, with the price moving near the lower band. The upper band pressure is around 2105, and the lower band support is around 1962. The current rebound is below the middle band, with limited space for further upward movement. Although short-term moving averages show signs of turning, the long-term averages still trend downward, and the overall trend has not reversed.

Short-term reference:

- Upward from 2070 to 2100, stop loss at 2120, target at 2040 to 2010
- Downward from 2010 to 1980, stop loss at 1950, target at 2050 to 2070

Specific operations should be based on real-time market data. For more information, contact the author. The article is published with a delay; please consider it for reference only and bear the risks yourself. $ETH ‌#股票交易挑战最高赢17000U