Crypto Circle Academician: On May 28, the key resistance level of Ethereum at 2740 is exposed, and bears are waiting for an opportunity to act, bloodily wiping out the bulls! Latest market analysis reference.

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1 day ago

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I am a scholar in the cryptocurrency world, a warrior who has always been protecting the retail investors. I wish my fans financial freedom by 2025. Let's keep pushing forward together!

Scholar in the cryptocurrency world: May 28, 2025 Ethereum (ETH) latest market analysis reference

The current price of Ethereum is 2680. It is now 1 AM Beijing time. The short position trial was stopped out at 2570, the first resistance level. My trading principle is to hold if I'm right and exit if I'm wrong. I don't hold onto losing positions; I acknowledge my mistakes. Currently, the market does not rule out the possibility of breaking the previous high of 2740, and there is a high probability of forming a strong triple top. The best approach for us is to wait until we reach the key point and then continue to trial positions. If we make a mistake, we exit with a small loss; if we are right, we will reap good rewards.

The daily K-line reached a high of 2685 and a low of 2505, just retracing to the EMA15 trend support line before starting to rebound. The EMA trend indicator continues to show an upward alternating expansion trend. The MACD's shrinking volume shows that the DIF and DEA are in a downward dead cross trend but have been reversed. Pay attention to the previous high; if broken, there is a high probability of forming a golden cross. If not broken, the bearish trend continues. The Bollinger Bands are narrowing, with the upper pressure level at 2740 and the lower support level at 2320. The daily line has a high probability of continuing to move within a range.

The four-hour K-line is currently consolidating at the top of the range, indicating strong resistance above. The MACD has been continuously increasing in volume, and the DIF and DEA have not broken the energy indicators. The K-line is expanding upwards around the upper Bollinger Band at 2660. In the short term, the market has reached an extremely overbought trend, indicating a need for a pullback in Ethereum. However, there is strong support around 2520. Therefore, it can be judged that the market will continue to move within the range at high levels, and a band trading strategy can be adopted, with a red heart and two hands prepared.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.

For short positions, trial entry points are 2530 to just above 2500, with a stop-loss at 2460, risking 30 points. The target is 2580 to 2630, and if broken, look for 2680 to 2720.

For long positions, trial entry points are 2700 to 2720, with a stop-loss at 2740, risking 30 points. The target is 2650 to 2600, and if broken, look for 2550 to 2520.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are to be borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency world and represents the scholar's unique perspective. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your mistakes lie. Don't let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The scholar in the cryptocurrency world wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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