Coin Circle Li Ying: Ethereum's Fate Hangs by a Thread on May 12, Ultimate Decision Approaches! Latest Market Analysis
Coin Circle Li Ying: Latest Market Analysis of Ethereum on May 12
Article Published on May 12, 2025 — 01:00 AM
Current price of Ethereum is 2465, returning to the position of yesterday's publication, but the peak broke 2600. After a strong rise by the main force, Li Ying noticed that the market began to show signs of stagnation and is running within a high range. Overall, the market is still in a bullish trend, but indicators show weakening momentum, and there is a risk of adjustment or pullback, so it is important to manage positions carefully.
In the short term, the market may face pullback pressure. The K-line is operating near the upper Bollinger Band, combined with weakening MACD momentum, the appearance of a hanging man candle, and a top distribution pattern, all indicate a high possibility of a short-term pullback. Trading volume has decreased, indicating market participants' cautious attitude towards high positions.
Therefore, Li Ying suggests that short-term investors should consider taking profits or reducing positions to cope with potential price pullbacks. Medium to long-term investors can focus on price performance at key support levels; if effective support can be established, they may still consider entering at lower prices. Maintain monitoring of market trends, especially pay attention to further changes in the middle Bollinger Band and MACD indicators to decide whether to resume further position-building strategies. Once key positions are reached, consideration can be given to entering the market, whether going long or short, which will reduce the margin for error.
Today's Latest Reference Points
Long Entry Point 2430, Add Position 2360, Stop Loss 30 Points, Target 2550
Short Entry Point 2600, Add Position 2630, Stop Loss 30 Points, Target 2460
The above analysis by Li Ying is based on market data and trend analysis and does not constitute investment advice. For reference by family members. $ETH