$ETH CryptoCircle LiYing: Ethereum’s Volatility Pattern Has Not Broken—Why Does LiYing Keep Refusing to Surrender Without Seeing the Rabbit? Latest Market Analysis and Trading Suggestions
Article release date 2026.5.6-----01:10 AM
Before publication, Ethereum’s current price is 2365. Judging from the chart, it has recently been moving back and forth in the 2300–2400 range. Previously, it surged to 2423 and then pulled back, dropped to 2218 and rebounded—now it’s in a consolidation and ranging stage. In the short term, the EMA7 moving average and the long-term EMA120 moving average are relatively close, indicating that bullish and bearish power is temporarily balanced, with no particularly obvious one-way trend. It’s like two people tugging a rope; no one has won yet, and the price is hovering in the middle.
From technical indicators, the MACD’s DIF and DEA are tangled near the zero line; after the green histogram bars shrink, the red bars have not expanded noticeably, suggesting insufficient momentum. In the moving average system, the short-term and long-term moving averages are sticking together, which suggests the trend is unclear. The previous high at 2423 is the resistance level, and the previous low at 2218 is the support level. With the current price at 2364, it’s stuck in the middle. If it breaks above 2423, it may open up room to the upside; if it falls below 2300, it may probe lower further. Overall, the volatility structure has not broken. LiYing suggests everyone be patient and wait for the breakout signal to confirm the direction.
Short-term reference:
Go long with 2340 and 2300; if it breaks below 2280, exit. Target is above 2400, aiming at 2420
Go short with 2380 and 2400; if it breaks above 2420, exit. Target is below 2330, aiming at 2300
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