5.13 Ethereum morning analysis #ETH

Yesterday morning, the price of Ethereum was in a rhythm of oscillation and downward, and then there was a rebound trend. In the early morning, the price of the currency reached the highest point of the daily line at 2955. Then the price of Ethereum was pulled by dozens of points. Today morning, the price of the currency retreated to the lowest point of the daily line at 2872. The current price of the currency is around 2885.

The four-hour level market was blocked from rising and fell back. Currently, it is supported by the ma14 moving average and has not continued the downward trend. The sub-chart macd is bullish and the double-line golden cross is upward. In the short term, the market is oscillating upward and the bottom is rising and there are signs of stabilization. As long as the 2830 support is maintained, the market will rebound first. The operation idea can be long.

Ethereum suggestion: long around 2850-2830, target 2950