From the Ethereum 2-hour level trading volume perspective, although the momentum has weakened, it is still in a bullish trend. If I were to go long, I would enter a long position after the price breaks above 2610; for a short position, I would choose to act after the price falls below 2370.

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.