📈 #ETH Bullish sentiment has entered the overbought zone, short covering has not yet succeeded, is a turning point near at hand? DingDing helps you analyze it completely
🚨 DingDing Cryptocurrency Market Analysis Daily Report 2025/05/12
According to the latest trends from Binance, ETH's strategies across all cycles have been fully updated🔥
ETH Cycle Analysis Summary
Weekly: Shorts have covered to the last position, only the final resistance remains unbroken, there has yet to be a successful short covering response, key turning points have not yet appeared
Daily: Bulls continue to express and have reached TP3, currently entering the overbought zone, can conservatively raise stop-loss, if it breaks down, it may retest support
4-Hour: Bullish structure is complete but divergence and overbought warning signals appear, TP3 achieved and new TP, should raise stop-loss and watch for false breakouts
1-Hour: Consolidation range, shorts have formed unsuccessfully, bulls have the opportunity to challenge the breakout again, additional information on adding longs and TP
💡 Key resistance, retest support, and turning points all grasped at once, helping you avoid false breakouts
ETHUSDT Technical Analysis Trading Strategy
ETH Weekly 1W
Trend: Shorts covering entering the final stage, not yet fulfilled, no clear turning signal
Short Information
Moving Stop-Loss: 2858 (breakthrough can long)
Short Covering Last: 2542✅ Final Resistance: 2666
Breakdown Chase Shorts: 1385
Take Profit: 760
ETH Daily 1D
Trend: Bulls expressing TP3 achieved, entering the overbought zone, breakdown conservatively stop-loss has the chance to turn into a retest
First Up Then Down Long Information
Conservative Moving Stop-Loss: 2317 (breakdown can short)
Medium Risk Aggressive Long Covering Initial Support: 2324 Best: 2079 Last: 1935 Major Support: 1842 Final Support: 1752
Breakthrough Chase Longs: 2858
Take Profit: 1880✅ 2187✅ 2493✅
ETH 4-Hour 4H
Trend: Bulls formed TP3 achieved Divergence + Overbought New TP Suggested to raise stop-loss
Long Information
Moving Stop-Loss: 2271 (breakdown can short)
High Risk Aggressive Long Covering Best: 2400 Last Major Support: 2343 Final Support: 2300
Breakthrough Chase Longs: 2609
Take Profit: 2816 3152 3489
ETH 1-Hour 1H
Trend: Consolidation Shorts formed unsuccessfully, bulls may break through again, additional long covering and TP strategies
Long Information
Stop-Loss: 2435 (breakdown can short)
Long Covering Best Final Support: 2477 Last: 2459
Breakthrough Chase Longs: 2609
Take Profit: 2613 2724 2834
