【5.15 Ethereum Trend Analysis】

K-line pattern: The recent 4-hour K-line shows that the price fluctuates greatly, but the overall trend is downward. The latest K-line has risen slightly, but failed to break through the previous cycle high.

Technical indicators: In the MACD indicator, DIF and DEA are both below the zero axis, indicating that the current market is under the control of short sellers. The KDJ indicator shows that the J value has fallen back, and the K and D values ​​are still relatively low, suggesting that there may be oversold conditions, but there are no obvious signs of reversal. In the EMA indicator, the 7-day EMA is below the 30-day EMA, indicating that the market trend in the short term is weaker than the long-term trend, and the market is still bearish in the short term.

Trading volume: From the 4-hour data, the trading volume is enlarged when the price falls and shrinks when the price rebounds slightly, which may mean that sellers are more active in the downtrend. At the daily level, the recent trading volume has increased when the price falls sharply, such as the large negative line on May 14 accompanied by higher trading volume, which further confirmed the downward trend.

Today's CPI heavy data is expected to be 3.4 and the previous value is 3.5, and large fluctuations are expected.

Intraday, 2860-2900 to 2950 -3000, set stop loss strictly #每天一个金融知识 #美国4月CPI通胀数据即将公布 #ETH🔥🔥🔥🔥🔥🔥 #ETH走势分析