Crypto Circle Li Ying: May 31st Ethereum (ETH) Latest Market Analysis and Trading Recommendations

　　
Article release date: 2026.5.31 — 00:30
　　
Family members, today Ethereum has reached the 2024 level, so we need to talk about it properly! Previously, it fell from over 2150 down to around 1965, now it seems to have stabilized and is gradually climbing back up. Looking at this K-line, recent small bullish candles are appearing one after another. Although there haven't been any strong upward candles, the bottom is gradually rising, indicating that funds are quietly accumulating. The overall trend hasn't fully reversed yet, but the short-term rebound signs are very clear. As retail investors, we should follow the rhythm and avoid blindly chasing highs or selling lows.
　　
In terms of technical indicators, the EMA7 and EMA30 moving averages are almost glued together, and the price is above them, which is a short-term bullish signal; MACD has formed a golden cross below the zero line, with the red histogram continuously expanding, indicating increasing momentum; the middle band of Bollinger Bands at 2015 is being held steady by the price, the upper band at 2031 is a short-term resistance level, and the lower band at 1999 is a strong support. Overall, the market is in a tightening phase, testing the upside after a consolidation.
　　
Short-term reference:
　　
Buy at 2010-1980, exit if it falls below 1950, target above 2030 aiming for 2040 or higher
　　
Sell at 2030-2040, exit if it breaks above 2060, target below 2020 aiming for under 2000
　　
The above content is exclusively original by Li Ying. 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 Li Ying's analysis will be helpful to you!
　　
The article content is real-time and for reference only. Trade at your own risk. $ETH ‌#股票交易挑战最高赢17000U