I haven't sent any technical analysis for several days, but the water test proves that I'm still there. Speaking of ETH, based solely on indicators, the weekly level price has already stabilized above MA120 and generated M50/MA100 bonds, with hidden signs of breakthrough! Ignoring the indicators to look at naked K, we can trace back to July 26, 2021 as the upward breakthrough price, May 9, 2022 as the upward breakthrough price below July 26, 2021. Then, after 637 days, there was a breakthrough and upward movement at this price level on February 5, 2021, and it continued to maintain above the breakthrough and upward price. After falling below the 2024/2/5 breakthrough point on March 3, 2025, it quickly recovered above this price on March 5, 2025, and formed a small double bottom on May 6, 2025. To summarize, we can clearly see that the key price is 2200, while the short-term key support is 2500! Based on the recent selling pressure and fundraising from large investors and institutions, technical indicators and naked K, as well as macro news, I personally have a positive outlook on the future upward trend. It is currently unclear how much it can reach. The focus of risk control is to pay attention to whether there will be long-term price entanglements around 2500 in order to know what will happen in the future. The risk control point for long-term spot players is in the range of 2500/2200, with a turning point at 2430/2450. In the short term, it is not advisable to take advantage of losses or let others take advantage. Note: The above is based on weekly levels for reference only and should not be taken as any advice. ETH Bitcoin OKX Binance