【$IO Signal】1H extremely overbought + funding rate negative, caution needed in high-level speculation $IO RSI 1H skyrocketed to 97.76, 4H also reached 94.07, clear break in buying pressure. Funding rate -0.1810%, short positions accumulated but price remains firm, short squeeze structure faintly emerging. Selling pressure around 0.2151 intensifies, trading volume shrinks. 🎯Direction: Watch (Place orders to short) ⚡Entry/Order: 0.2151-0.2200 (Failed breakout or retest after a spike) 🛑Stop loss: 0.2250 🚀Target 1: 0.2000 🚀Target 2: 0.1880 🛡️Trade management: - Execute strategy: Reduce 50% of position upon reaching Target 1, move stop loss to entry price. If order is not triggered, abandon to avoid chasing high and getting trapped. Bollinger Bands 1H opening is extremely wide, upper band at 0.1915 has been broken, price deviates too far from the moving average. Depth data shows weak buy support, the 0.1363-0.2125 range has a large span, fierce battle between bulls and bears. Waiting for liquidity to return. Check real-time market 👇 $IO --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#Gate广场五月交易分享 #比特币站稳8万关口 #加密市场回升

Technical indicators and current data for Ethereum (ETH) in the first week of May 2026 suggest a state of cautious optimism with a tendency toward gradual upward movement, supported by positive momentum from Bitcoin and liquidity inflows from whales. Below is a summary of technical performance forecasts and key levels for this week: 1. Current price performance (May 2026) Current price: Ethereum is trading around $2,380 to $2,400. Overall trend: Ethereum is recording gains for the sixth consecutive week, with an increase of approximately 15% over the past month. Relative Strength Index (RSI): About 59, indicating bullish momentum without entering the "overbought" zone (which begins above 70), leaving room for further upside. 2. Important technical levels Resistance points (upside targets): $2,400: The current psychological and technical barrier; a stable breakout opens the door to the next target. $2,462 - $2,500: A very strong resistance zone (8/8 Murray level), where profit-taking or technical correction is expected. $2,700: The farther target if momentum continues, where it intersects with the 200-day moving average. Support points (in case of decline): $2,340: Breaking this level could send the price back to the previous downtrend channel. $2,300 - $2,250: Strong support levels that have proven their strength in recent weeks. 3. Factors influencing this week Whale activity: Notable accumulation by large wallets (Whales) recently exceeding $322 million, reinforcing confidence in price stability above $2,300. Bitcoin correlation: Ethereum benefited from Bitcoin reaching monthly record levels above $81,000, pulling the entire market higher. ETFs: Net inflows into Ethereum ETFs have recently turned positive, reducing selling pressure.$ETH

April so far has not been an easy ride. Along the way, there have been ups and downs, including small stop-losses, but overall we’ve still reaped plenty and steadily landed everything! New Snow Source’s 1.07wu plan entry—now the unit has reached 3.1wu, steadily achieving a threefold! Opportunities have never come just from waiting. Simply keep in step with the rhythm and lay out steadily—the market’s upside is right in front of our eyes. Next, continue moving forward in line with the trend and go all out to sprint toward the 10x target!#加密市场回升 $BTC $ETH