Coin Circle Liying: 5.28 Ethereum (ETH) Latest Market Analysis and Trading Suggestions

Article published on 2026.5.28-----00:30

Family! Before publishing, the current price of Ethereum is 2070. This wave of Ethereum's trend looks frustrating; it can't go up or down past 2069. But upon closer inspection, the signals for short positions are actually quite evident. Right now, it’s a boiling frog situation in the market; the bulls have no strength at all, and any rebound is feeble. We need to keep an eye on the resistance level of 2100. If it can’t break through, it will provide us with a chance to short. Don’t be deceived by this sideways movement; the likely direction is downwards, so be prepared for a potential drop.

The 2-hour chart of Ethereum shows that after reaching a high of 2197, the price has continued to decline, forming a downward trend. The current price of 2069 is below all major moving averages, especially with the EMA120 exerting strong pressure. The MACD indicator has formed a death cross below the zero axis, and although the histogram has shortened, it remains below the zero axis, indicating that the bearish trend has not changed. The middle line of the Bollinger Bands is sloping downwards, with the price being pressured by this middle line, showing weakness. Overall, the technical indicators are biased towards bearish.

Short-term Reference:

Short positions between 2070-2030, exit if it drops below 2000, target 2100 aiming for above 2140.

Long positions between 2140-2160, exit if it breaks above 2180, target 2110 aiming for below 2080.

The above content is exclusively original by Liying, please indicate the source when reprinting! Article publication review has delays, market conditions change rapidly, the above suggestions are for reference only, risks are borne by oneself. I hope Liying's presence will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by oneself.

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