There's not much to say about Ethereum, the analysis from 4.24 and 4.28 remains unchanged. The first resistance level is still 1850, and we can only see the second points at 1940 and 2000+ if it breaks above. This is for short-term contracts; for long-term spot, the cost of going all in at 1588 hasn't been exited.

The major level of ETH should have reversed, and the $1300 position is its phased bottom range. The future direction may gradually break through and rise to $2000 and $2500.
On April 24, San Ma Ge announced the long support level for ETH in advance at 1765~1750. ETH tested the 1750 support level on April 25 and again today. After reaching 1750 on April 25, Ethereum rose for 2 consecutive days to reach the take profit point of 1850, then plunged back to today's 1750.
In fact, I didn't need to call it out; I made it very clear at that time that the first support was 1765, with a relatively strong support at 1688 and extreme support at 1588 (the starting point of last week's surge), none of which were tested, indicating that ETH is being defended. So we placed a short order for Ethereum at 1852 on Saturday, and the take profit target wasn't too far, just reflecting some thoughts about the defense of Ethereum.
You must pay attention; the analysis from the front of the horse on April 24 told you that 1850 is not only a resistance level but also indicates a take profit point for the rise. If you went long at 1850 and didn't take profit, and now it has dropped back, should you run? Or should you hold? Greed can be painful. 👉以太坊马前炮分析