#新闻交易 ** |72 hours surge of 40%! The threefold logic behind Ethereum breaking 2600**
**📰 News affecting trading:** On May 12, Ethereum (ETH) surged 40% within 72 hours, breaking the $2600 price point, topping Douyin's hot search list! The core drivers include: 1. **Technical upgrade**: On May 7, Ethereum completed the Pectra upgrade, introducing key improvements such as account abstraction (EIP-7702), significantly enhancing network usability; 2. **Short squeeze**: Starting from May 8, short liquidations exceeded $438 million, triggering a “squeeze” spiral, accelerating price upward; 3. **Macroeconomic benefits**: The US and UK reached a tariff agreement easing trade friction, market risk appetite rebounded, and crypto assets collectively surged.
**⚡ Reaction speed:** I entered a long position when breaking the $2100 key resistance (May 7), with 2x leverage, setting a stop loss at $2050. I subsequently increased my position to $2400, dynamically taking profits at $2550, capturing nearly 20% segment profit.
**💡 How news affects trading:** - **Sentiment aspect**: Douyin's hot search ignited retail FOMO sentiment, while on-chain whales increased their holdings (over 120,000 ETH since April), reinforcing bullish consensus; - **Technical aspect**: Daily chart “five consecutive gains” + bullish moving average arrangement, MACD golden cross confirming trend strength; - **Risk control adjustment**: Due to RSI being overbought, I split take profit into two levels at 2500/2600 to avoid excessive greed.
**📌 Experience summary:** - Ambushing long positions before major technical upgrades has a higher win rate; - Hot search events often accelerate market trends, requiring early prediction of sentiment turning points; - In a short squeeze market, pay attention to changes in open futures contracts to capture main force trends!
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--- *Note: Market fluctuations are severe, and trading requires strict risk control.*