On Thursday (May 15), Ethereum briefly rebounded to around $2629. The Ethereum/Bitcoin monthly increase exceeded 30%, and the decoupling trend ended without warning. After the significant upgrade of Ethereum (Ethereum), the Ethereum Foundation (EF) announced the launch of a trillion-dollar security program.
Operational strategy advice
1. Multi-period trend analysis
Daily level: The price is still operating within an upward channel, but the KDJ indicator has a high-level death cross (J value -12.3), and RSI has fallen to 58, indicating a potential need for a pullback in the short term, but it has not damaged the long-term upward trend.
4-hour level: EMA12 and EMA50 have formed a death cross pressure, the price is below the middle band of the Bollinger Bands, and the MACD green bars continue to expand, with bearish momentum prevailing.
2. Key support/resistance:
Strong support: 101,900 (4-hour EMA60 moving average) → If it breaks, it may retest the psychological level of 100,000.
Core resistance: 104,000 (previous high dense area) → After breaking, it may open up to 106,000.
"The Ethereum Foundation announces the launch of a trillion-dollar security program aimed at comprehensively enhancing the security of the Ethereum ecosystem across multiple dimensions such as user experience, wallets, smart contracts, infrastructure, and consensus protocols."
The post continues to point out: "The project will advance through three main directions: full-stack security risk assessment, improvements in key areas, and more transparent information dissemination, aiming to allow users to safely manage assets on-chain while supporting institutions and governments in holding trillion-dollar values on Ethereum. The project is led by foundation members Fredrik Svantes and Josh Stark."
According to Trading View data, Ethereum/Bitcoin has risen by 32.20% since the beginning of the month, significantly weakening the previous decoupling trend, with short-term performance outpacing Bitcoin.
The inscription has taken off!
This thing seems to have been quiet for half a year, and then suddenly skyrocketed! I bought a wave of ORDI at $9, and it shot up 30 points in a day. I decisively increased my position, holding on tightly without letting go, aiming for $60!
Come on, let's get straight to the point:
BTC chain inscription leaders: ORDI, SATS
BTC chain rune leaders: DOG
ETH ecosystem leaders: ETHFI
ETH chain meme leaders: PEPE, NEIRO
SOL chain meme leaders: PNUT, MOODENG
Leading in the AI track: VIRTUAL
BSC chain meme leaders: MUBARAK
New public chain leaders: SUI
$ORDI
$ORDI, as an early inscription, the rise is really not enough to look at. The main reason is that there are a large number of trapped positions above. Watching other cryptocurrencies rise, those holding this one have not increased. If the market rises to the breakeven price, most people will choose to sell.
Currently, $12.8 is the starting point of the decline in February. This position has trapped a lot of users. For it to rise, it must digest the chips within this range. Therefore, it is not recommended to enter at this position; you can wait for a pullback to the $10-9 position.
Alternatively, you can enter on the right side after breaking through $12.8 and stabilizing above $13.2, with a stop loss not needing to be too much; $12.5-$12.2 is sufficient.
Just a final reminder, keep a close eye on Thursday evening's PPI data, as this data can further confirm the trajectory of U.S. inflation and the economy. Combined with the recently released CPI data, the market now believes the Federal Reserve won't rush to cut interest rates — the CME FedWatch tool shows a 91.8% probability of no rate cuts in June and 61.4% in July. After Powell's remarks at the beginning of the month, the market has slowly reached a consensus: Unless tariffs are formally implemented or the U.S. economy shows a clear decline, the Federal Reserve is likely to remain on hold.