250501 - Ethereum Market Analysis

As predicted yesterday, Ethereum rebounded to $1816 before pulling back, currently slightly below the second predicted support level and rebounding again near the Goya line. It has slightly broken through the Kibot key line, and there is a high possibility of rebounding back to yesterday's high of $1816. Ethereum is expected to experience fluctuations and rise due to the mainnet upgrade topic before next week, but as mentioned earlier, it is likely to face a downward adjustment again before and after the upgrade. Therefore, if you hold spot Ethereum, please closely monitor market changes. The upgrade date is May 7. Ethereum may also be influenced by Bitcoin's movements and pull back near yesterday's low. The first support level is suggested to be around $1774.