5.14, Wednesday, Analysis of Ethereum Market Outlook in the Morning!

From the one-hour chart, after a price dip and recovery, it is being pressured downwards by the middle band, which is forming a downward pattern. The bearish volume is consolidating without turning bullish, and the moving averages are converging. The short-term recovery strength is limited, and the oscillation sentiment is excessive, but there is still some demand for downside testing. For the upcoming strategy, we will focus on buying at lower levels.

From the four-hour chart, the running channel is maintaining a narrow oscillating state, with both bullish and bearish volumes not forming a unilateral release. The moving averages are also relatively flat, and the oscillation sentiment in the short cycle can be described as strong, with no signs of a breakout at this stage.

Bitcoin personal trading suggestion: Go long near 103500, targeting 104500-105500. If it breaks through, continue to look upward!

Ethereum personal trading suggestion: Go long near 2660, targeting 2710-2740. #CPI数据来袭 #加密圆桌会议要点 #Strategy增持比特币 #贸易战缓和 #ETH突破2500 $BTC $ETH