Crypto Market Analysis: May 15 Ethereum Strong Fluctuation, Waiting for Breakthrough Resistance Point to Soar? Or High Dive? Latest Market Analysis
Crypto Market Analysis: Latest Ethereum Market Analysis on May 14
Article Published on 2025.5.14—01:00
Current Ethereum Price 2600, we once again witness the madness of Ethereum, the back-and-forth fluctuations are attracting more and more market attention, capturing a share of the pie, leading to the result of continued price increase, especially since the overall market is currently in an upward trend. Although there has been a recent pullback, it is fluctuating near the MA7 and MA30 moving averages, currently facing a choice of direction. The bearish signal from the MACD indicator shows that there may be short-term pullback pressure in the market,
The increase in trading volume indicates that participants' interest remains high, suggesting a potential upward trend in the market. However, the recent momentum has weakened, and it is necessary to pay attention to the current price performance at high levels, so we can focus on short-term indicators. From the short-term indicators, the market is facing certain adjustment pressure. The KDJ and MACD indicators show that the market may experience short-term selling pressure or adjustment. Prices may continue to fluctuate or correct in the short term.
Finally, it is recommended that investors maintain a cautious attitude in the short term and seek buying opportunities only after the market confirms support. For those holding positions, it is advisable to pay attention to key support levels like MA30 to prevent further market pullbacks. Meanwhile, if clear rebound signals appear, one can choose to add positions after a breakthrough in resistance. Be cautious of intensified market fluctuations and ensure proper risk management.
Today's Latest Point of Reference
Long Entry Point 2550, Add 2500, Stop 30 Points, Target 2650
Short Entry Point 2650, Add 2700, Stop 30 Points, Target 2550
The above analysis is based on market data and trend analysis by Crypto Market Analysis and does not constitute investment advice. For reference only $ETH
