#ETH Breaks 2500

#The Future of Ethereum May 14

Good morning everyone, I posted the market analysis very early, hoping everyone can make a profit.

Let's analyze the daily chart of ETH. After yesterday's daily trend, it basically stabilized at 2400, oscillating between 2400-3000. The daily shape is actually in a bottom consolidation; as soon as it rises, many people will rush in. Once the oscillation ends, it will break through 3800.

From the single K-line perspective, the entire shape is an N-shaped upward line. Currently, the moving averages have formed a golden cross and are gradually forming a golden triangle. In this cycle, the breakout amplitude is large, the cycle is long, and it is very likely to directly break 5000 in each cycle. The market is showing a strong bullish line, indicating that the support strength below is very strong. Tonight's highs could be very high, and it may continue to rise and then pull back! Manage your stop-loss and you can consider buying on dips! Good luck to everyone!

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The reason you are losing money is that you can't hold your positions. Think about it, is it you? If you lose a bit, you want to stop-loss; if you win a bit, you want to secure profits. Embrace certainty. Watching the market will never make you money, running away early will never make you money. Start with light positions and low leverage, and increase your positions as you see significant market movements.