Li Shengting: 5.24 Ethereum/Bitcoin Market Analysis and Trading Ideas
Tonight, the price of Ethereum fell from around 2700 to approximately 2497. From the news perspective, the impact of Trump's increased tariffs on the EU has led to a coordinated sell-off by market makers, causing the price to drop. From the daily technical indicators, the KDJ and BOLL indicators are continuing to move upwards. The MA5 and MA3 daily moving averages are both arranged in an upward trend to varying degrees. The small gap created between Ethereum and the MA5 daily moving average has been filled, so based on the daily technical indicators, I still suggest a focus on low buying.
From the 4-hour technical indicators, the KDJ three-line indicator is still maintaining a fluctuating upward movement. The BOLL indicator continues to show a small upward opening in the short term, and the ultra-short-term MA3 daily moving average remains in a bullish upward trend. Therefore, I believe that after this round of adjustments tonight, there is a high probability that the price will continue to rise. The upper pressure levels to watch are still around: 2697-2750.
Ethereum: Buy in portions around 2570-2540 Stop Loss: 2467 Target: 2650-2720
Bitcoin: Buy in portions around 107000-106200 Stop Loss: 105000 Target: 109800-115000
The above is my personal market analysis from the early morning, specific points should be based on real-time guidance #美国加征关税 #加密市场回调 #币安Alpha上新 $ETH