Coin Circle Liying: On May 13, Ethereum continues to decline, can the 2200 level become a lifeline? Latest market analysis and operational advice.
Article published on 2026.5.13-----00:30
Family! Before publishing, the current price of Ethereum is 2265, Ethereum seems to be at a crossroads not knowing which way to go. From the chart, the price has been fluctuating up and down in recent days, sometimes surging above 2400, and then crashing down to around 2200, causing anxiety among people. This position is particularly critical, just like a tug-of-war match reaching a stalemate, both bulls and bears are vying, it just depends on who can’t hold on first. We must keep our eyes wide open and be clear so we don’t get tossed off the train or trapped on the mountain top. Next, let’s carefully analyze the technical indicators to see what the market is really hinting at.
From the technical indicators, the EMA moving average system shows a clear bearish arrangement, with the short-term EMA7 and medium-term EMA30 both turning downwards, putting pressure on prices, especially with EMA30 forming strong resistance around 2311. The MACD indicator shows that the DIF and DEA dual lines are operating below the zero axis, and the green bars continue to expand, indicating that bearish momentum is still being released, and short-term rebounds are weak. The Bollinger Bands open downward, with prices running close to the lower track which forms support around 2261, but the upper track at 2364 is far away, limiting the rebound space. Overall, the technical aspect leans towards weakness, but the lower track support may trigger a short-term rebound.
Short-term reference:
Long at 2260-2230, exit if it breaks below 2200, target 2330 aiming for above 2350.
Short at 2300-2320, exit if it breaks above 2340, target 2260 aiming for below 2240.
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