5.14 Zhang Lihui: Beware of the second divergence on the 4-hour chart, the risk of Ethereum's pullback continues to exist! Today's (ETH) market analysis and trading reference! #CPI数据来袭 #BTC #ETH #ETH（二饼） $BTC $ETH

Yesterday, the bearish target for Ethereum was successfully reached at 2410, so everyone should understand why it is important to take profits at this position. After waiting for a day, both the monthly and annual CPI rates showed positive news, causing the Ethereum market to rise. Currently, it is challenging the previous high of 2624. From the 1-hour candlestick pattern, it is currently at a triple top position, and the current upward momentum is strong. Breaking the previous high is definitely not an issue, so as long as it breaks the previous high, Lihui is more willing to layout a bearish strategy, just need to defend well. With the lower and middle bands continuously rising, today's bearish target also needs to be raised accordingly;

In the 4-hour chart, the Bollinger Bands show an opening pattern, with the lower band still approaching the EMA30 position downwards, indicating that there is space below. I hope everyone does not just look bullish. The fast and slow lines are showing their first convergence, and there is a reduction in volume below the 0 axis, which needs to be closely monitored. If the convergence successfully forms a golden cross, the market may face a rebound again; if it fails, a significant divergence phenomenon will appear. Therefore, before this, Lihui believes it is best to layout high shorts; The key to successfully reaching the EMA300 on the daily chart is to pay attention to the previously mentioned MA180, MA220, and MA300 resistance levels. This position is the best point for defense and replenishment;

Today's suggested short entry point for Ethereum: 2650-2690; Stop loss 2750; Targets 2580-2510-2460;

The suggestion for low long entry is to enter in the range of 2450-2410. If the market comes down and continues to be supported, the long space can be looked at above 150 points. Specific operational opportunities can be consulted anytime with Lihui for entry!

There is a delay in article review and push notifications, the market changes rapidly, specific entry opportunities must be combined with real-time operations, and real-time notifications are the standard. The suggested entry points in the article are for reference only; do not operate with heavy positions. Please have a take profit and stop loss when entering, and take profit when seeing good results!