ETH Analysis: Daily Chart on May 13, 2025
Ethereum has finally shown a pullback adjustment, without making another strong surge. It has also undergone a pullback adjustment here. People say Ethereum has switched to a new trend; should it change its usual pattern this time?
In terms of trend:
The smaller scale is running near 2480, and the lower side has just pulled back to the previous effective high point, forming an effective support range around 2420. The short-term pressure above is around 2580, which is still a bit of distance away; it is uncertain whether a breakthrough will occur. Further up, attention should be paid to the important pressure range at 2800, which can be said to be the overall pivot point for bulls and bears!
