Ethereum (ETH) Market Analysis and Strategy Reference on May 19th

Recently, Ethereum trading strategies have consistently demonstrated strong profitability. The intraday reference points provided earlier have been accurately realized, achieving multiple stable profits, with only one stop-loss record in several months. Here, we specifically remind investors to strictly implement trading discipline: promptly take profits when reaching expected targets and decisively cut losses when facing downturns. It is recommended to withdraw the principal in a timely manner after achieving profit to ensure investment safety and stable returns.

Core Bull-Bear Demarcation Line: In the 1-4 hour timeframe, the 2510-2520 range is a key bull-bear watershed. If this support area remains solid, the market is expected to continue its upward oscillation trend; however, if it effectively breaks down, one should be wary of bearish forces dominating the market.

Currently, the update focuses on a simplified version.

Key Reference Points

- Resistance Levels:

1. Short-term pressure zone: 2590-2600

2. Medium-term resistance band: 2665-2675

3. Long-term strong resistance zone: 2723-2733

- Support Levels:

1. Short-term support: 2550-2540

2. Medium-term defensive line: 2490-2495

3. Key bottom support: 2440-2450

Note: The above analysis is for market analysis reference only and does not constitute specific trading advice. For in-depth learning of trading strategies and technical analysis, please follow the account description for more information. Market fluctuations are ever-changing, so please make rational decisions based on your own risk tolerance. $ETH