Good morning everyone, I am Oupeng. Today is 2025/05/20. On the daily chart, Ethereum had a long bullish breakthrough on May 13 (184.23 USD increase), followed by consecutive candlesticks with long upper shadows from May 14-16, indicating strong selling pressure in the 2600-2650 area.

In the past three days (May 18-20), there has been high-level consolidation and adjustment, with a quick pullback after a low of 2348, and the weekly chart still maintains a 7-day positive trend.

MACD: Daily DIFF (195) starts to turn down and cross below DEA (189), with the histogram continuously shrinking for 4 days, and a death cross has appeared above the zero axis on the hourly chart.

RSI: Daily RSI14 value of 68 maintains the overbought zone but does not show divergence; Hourly RSI has dropped from 62 to 59, indicating a weakening of short-term momentum.

EMA: The price is stable above EMA7 (2504)/30 (2205)/120 (2259), but has initially fallen below the 1-hour EMA7 (2511) in the short term.

Significant Volume at Key Nodes: On May 13, a breakout with a bullish candle of 1.03 million in trading volume, followed by an adjustment of 860 thousand in trading volume the next day, indicating a transfer of positions.

Current daily trading volume has shrunk to the level of 50,000, and there is insufficient volume during the rebound on the hourly chart (the morning high point has only 5631 in trading volume).

[Buy and Sell Points]

### Buying Strategy (Low Buying to Go Long)

Buying Point One: 2490 USDT

Analysis Reason: Support from the low point on May 19 + EMA30 (2205) diverging upwards; a pullback to the previous day's low near 2490 after a short-term adjustment can be considered as the first entry point.

Buying Point Two: 2460 USDT

Analysis Reason: Support at the integer level + the second buying zone after the rebound from the low point of 2323 on May 18, a pullback to 2460 is closer to the trend moving averages (EMA7/EMA30).

Long Stop Loss Point: 2430 USDT

Analysis Reason: Breaking below the key lower edge of the May 18 low of 2323 + the hourly EMA120 (2489.16) breaking down confirms the failure of the bulls.

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### Selling Strategy (Short Selling)

Selling Point One: 2560 USDT

Analysis Reason: Local resistance formed by the high point of 2564 on May 20 + MACD daily DIFF turning down, approaching the pressure zone at 2560 is suitable for short-term shorting.

Selling Point Two: 2600 USDT

Analysis Reason: On May 10 and 16, repeatedly blocked at the integer level of 2600 + the area of intense selling pressure at the top.

Short Stop Loss Point: 2630 USDT

Analysis Reason: A breakout above the previous high of 2649 may cause short positions to fail, and 2630 is located at the upper edge of the high point consolidation area on May 15, which is a strong resistance zone.

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### Key Tips

Position Control: It is recommended to build positions in batches (e.g., first 30%, add 50%), to avoid operating a full position at a single price level.

Time Window: If the price quickly reaches the selling point but does not break through with volume, you can reduce positions in advance; similarly, if the buying point stabilizes with reduced volume, you can consider entering from the left side.

Floating Take Profit: If it rises smoothly above 2600 or falls below 2450, a trailing stop can be used to protect profits.

The above interpretations are for everyone's trading reference today and should not be considered investment advice. Finally, I wish everyone a fruitful day today!

Today is May 20, whether you are alone or with someone, don't forget to celebrate! Happiness is the most important thing.