#ETHFrom the weekly closing of Ethereum (ETH), the trend last week was indeed very strong. The specific analysis is as follows:
The strong trend of Ethereum last week: After experiencing a big rise, the retracement of Ethereum was not large, which shows that the bulls are still strong and have the momentum to rise again.
Prospects of technical analysis: From the perspective of technical analysis, the trend of Ethereum this week is also worth looking forward to. Bulls may continue to push prices up and bring profit opportunities to investors.
The correlation of L2 project holdings: When Ethereum starts the second wave of rise, the related L2 project holdings (such as OP, STRK, ARB, etc.) may also benefit and the price will rise.
The performance of some L2 projects: Although Ethereum has a strong trend, some L2 projects (such as OP, STRK, ARB) have performed relatively weak in the retracement after this round of rise. This may be related to factors such as the market positioning, technical strength or investor sentiment of these projects.
The impact of unlocking STRK and ARB: In the middle of this month, STRK and ARB will usher in a wave of unlocking. This may have a certain impact on the prices of these two projects, and investors need to pay attention to the market reaction after unlocking.
Swing trading advice: For swing traders, if you have achieved your profit target, you can consider taking profits this week. However, investors need to be cautious and make decisions based on market trends and personal risk tolerance.
In summary, Ethereum's strong performance last week brought confidence to everyone, and this week's performance is also worth looking forward to.
At the same time, everyone also needs to pay attention to the performance of L2 projects related to Ethereum and the upcoming unlocking events in order to make more informed investment decisions. #5月非农数据即将公布