May 5 Ethereum (ETH) Market Analysis and Operation Suggestions
Happy May Day holiday to all friends, don't forget to balance work and rest! Yesterday's market successfully yielded profits, demonstrating that strict adherence to trading discipline provides daily profit opportunities. Next, I will analyze the Ethereum movements and operational points during the early morning: I. Medium to short-term trend analysis (1-4 hour level) Key focus on the critical level at $1830: - Bullish trend: If the 1-4 hour candlestick effectively stabilizes above $1830 after a pullback, it is highly likely to continue the sideways upward trend. - Short risk: if $1830 is lost, be wary of a trend reversal to a pullback; the bearish force may dominate short-term trends.
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