Morning Thoughts on 5.6

ETH is oscillating around, with attention needed on the 1820 watershed in the short term. If the market breaks through 1820 with volume and BTC moves stronger, it can confirm an upward trend; if it continues to be pressured, the pullback logic will continue. It is suggested to observe the 1800 as a central point and dynamically adjust positions based on the direction of the 15-minute candlestick entity. The 1-hour KDJ indicator's J value has entered the oversold zone, and the MACD green bars are shortening, indicating a decrease in bearish momentum.

On the 4-hour level, the MACD bearish momentum is converging; if a golden cross forms, it may promote a rebound (pay close attention to the volume changes during the European and American trading sessions after 10:00 (UTC+8)).

A pullback to around 1800-1785 could lead to a rise towards 1840-1870.