DailyMarketUpdate 2025/05/15
📌 Today's Market Review:
🎯 $ETH Last night mentioned if successfully breaking through the F15 descending channel, we could try going long, but the result was no breakthrough and continued to drop to the 2758 support level.
After that, there was a spike in the early morning, and the H4 hourly close returned above the support level, forming an ascending channel for F15, but the rebound strength was too weak, and the ascending channel couldn't hold, dropping back to the 2758 support range.
📌 Currently, it seems that the descending channel level has expanded, forming a F30 level descending channel, continuing to decline. The target for the decline is near the lower boundary of the H2 ascending channel around 2500.
📬 Feel free to leave a message in the comments about which varieties you want to see, let's find opportunities together!
