#Gate广场五月交易分享 May 6 Ethereum Market Analysis Short-term trend: Ethereum price has recently been fluctuating between 2360 and 2398, with a high rally that failed to break through continuously, showing multiple upward pushes and pullbacks. Support and resistance: Support level: around 2352-2360, if the price pulls back and stabilizes, it can be considered a valid short-term support. Resistance level: 2398, if the price breaks above the resistance, it is expected to continue rising to 2450. Market characteristics: The obvious oscillation pattern of “not going up, not coming down,” with the price repeatedly oscillating near the moving averages, indicates a market in wait-and-see mode. The real decisive move may occur tonight, with a higher probability of an upward breakout. Trading suggestions: Long position strategy: If the price pulls back to 2360-2363 and stabilizes, consider a light long position, with a stop loss at 2355, targeting 2385-2398. Short position strategy: If the price hits resistance at 2398-2400 and pulls back, consider a short-term light short position, with a stop loss at 2405, and take profit at 2375-2365. Trading principles: Focus on trading with the trend, control position sizes, and observe during short-term oscillations. Avoid frequent chasing of highs or lows, and strictly adhere to stop-loss and take-profit levels.

$BTC $ETH Stay tuned for the follow-up! Bitcoin: 7.77/7.73万, pause at 7.64万 　　 Ethereum: 2270/2250, pause at 2220

$ZEC Signal: 1H overbought seriously, wait for pullback confirmation $ZEC 1H RSI 90.9 directly hits the upper Bollinger Band at 604.95, MACD bars start to narrow. 4H volume decreases on the last bullish candle, buying pressure ratio 0.55 not significantly strengthened. Deep negative bias -18.25%, sell orders slightly thicker. Current price 599.66 has exceeded the upper boundary of the suggested entry zone, system marks waiting for a better entry. 🎯Direction: Watch (wait for pullback to go long orders) ⚡Entry/Order: 460.90 - 596.66 (order zone lower boundary at 460.90, waiting for deep pullback) 🛑Stop loss: 406.73 🚀Target 1: 569.24 🚀Target 2: 623.42 🛡️Trade management: - Execution strategy: If the order is triggered after placement, reduce position by 50% at Target 1, move stop loss to entry price; if the price rebounds below the entry level, exit. Bullish momentum is weakening, it’s safer to add on dips when profit-taking occurs. Currently, chasing high worsens the risk-reward ratio; waiting for orders aligns better with risk preferences. Check real-time market 👇 $ZEC --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#Gate广场五月交易分享 #比特币站稳8万关口 #加密市场回升