由於我公開呼籲ETH並於3月開始平均美元成本，因此今天的E Guardians終於發表了聲音。

連續三個每日綠色蠟燭的浪潮沒有給市場帶來任何呼吸空間。目前有很多分歧，許多人認為現在是時候進行反彈而不是逆轉了。其他人則稱大牛市已經到來。

Major exchange platform tokens, such as Binance Token (BNB) and Huobi Token (HT), have generally broken through the 200-day moving average line. Usually, more newcomers will join the market during a bull market! Newcomers registering on exchanges is good for platform tokens, so before the bull market arrives, brokerages will pave the way by pushing up the coin price! Generally, there will be a rise in platform tokens before a bull market.

主要的交換平台令牌，例如二元代幣（BNB）和Huobi代幣（HT），通常在200天移動平均線上破壞了。通常，更多的新移民將在牛市上加入市場！在交易所註冊的新移民非常適合平台令牌，因此在牛市到來之前，經紀人將通過提高硬幣價格鋪平道路！通常，在牛市之前，平台令牌會增加。

On-chain data shows that addresses holding over 10,000 ETH, which are usually defined as ‘whales,’ have been quietly carrying out large-scale strategic accumulation before this round of price surge; also, ETFs have shown continuous net inflows! Moreover, on May 10, a whale bought 138,511 ETH, which is valued at 297 million USD at the current price.

鏈上的數據顯示，持有超過10,000個ETH的地址，通常被定義為“鯨魚”，在這一輪價格上漲之前已經悄悄地進行了大規模的戰略積累。另外，ETF顯示了連續的淨流入！此外，5月10日，一條鯨魚以當前價格以2.97億美元的價格購買了138,511 ETH，其價值為2.97億美元。

Former U.S. President Trump has stated that BTC, ETH, and other valuable cryptocurrencies will become the core of the national strategic reserves. He has also explicitly expressed optimism about Bitcoin and Ethereum. Although there was a subsequent crash, the narrative remains, which is a positive for the long term!

美國前總統特朗普表示，BTC，ETH和其他有價值的加密貨幣將成為國家戰略儲備的核心。他還明確表達了對比特幣和以太坊的樂觀情緒。儘管隨後發生了崩潰，但敘述仍然存在，這對長期來說是積極的！

In the past seven days, major exchanges have seen outflows, indicating a large amount of coins being bought up!

在過去的七天中，主要的交易所看到了流出，表明購買了大量硬幣！

News is greater than all data and K-lines.

新聞大於所有數據和K線。

What is the essence of the previous crash and this round of increase?

以前的崩潰和這一輪增加的本質是什麼？

Although there are no bearish reasons in the data and K-lines, this round of decline was caused by tariff issues leading to the US stock market dragging down Bitcoin. The new trade agreement between the UK and the US, as well as the China-US trade talks, are positive in terms of news, with the US stock market warming up, leading to rebounds in Bitcoin and Ethereum!

儘管數據和K線沒有看跌的原因，但這一輪下降是由於關稅問題導緻美國股市拖延比特幣引起的。英國與美國之間的新貿易協定以及中國美國的貿易談判在新聞方面是積極的，美國股市的升溫，導致比特幣和以太坊的籃板！

Currently, since May 8, short positions have been liquidated at 830 million, far exceeding long positions, nearly eight times that of long positions. The sharp price increase has forced short sellers to buy ETH to cover their positions, further pushing up the coin price and forming a typical ‘short squeeze’ upward spiral.

目前，自5月8日以來，短職位已被清算為8.3億，遠遠超過長位置，幾乎是長位置的八倍。急劇上漲的價格迫使短賣家購買ETH以掩蓋其頭寸，進一步提高硬幣價格並形成典型的“短擠壓”螺旋形。

If you are like me, a guardian of E, holding your position is the best choice. If you have no position, it is indeed not a very good time to enter now!

如果您像我一樣，是E的守護者，那麼擔任您的位置是最好的選擇。如果您沒有職位，那麼現在就不是一個很好的時機！

This round of China-US trade talks is more likely to be an exchange of ‘mutual bottom probing.’ If progress goes smoothly, there is hope to set an agenda for the next stage. I think the first wave of negotiations will likely collapse, and at that time, it is highly probable that there will be a decline. When everyone experiences FOMO, it is possible that negative news will be released, leading to a drop and potentially causing a short squeeze!

這一輪中國貿易談判更有可能是“相互探究”的交換。如果進展順利，希望為下一階段設定議程。我認為第一波談判可能會崩潰，當時，很可能會下降。當每個人都遇到FOMO時，可能會發布負面消息，從而導致下降並可能導致短暫的擠壓！

If you want to buy, waiting for that time to come in would be more appropriate!

如果您想購買，那麼等待那個時間進來將更合適！

The more pessimistic view is that the current market does not yet have the characteristics of a bull market, and there is still a high probability of a 30% correction from the current level.

更悲觀的觀點是，當前市場尚未具有牛市的特徵，並且仍然有很高的可能性從當前水平進行30％的糾正。

The more optimistic view is that the current market is already in a bull market, and although there will be fluctuations, the overall trend will continue upwards.

更樂觀的觀點是，當前市場已經處於牛市，儘管會發生波動，但總體趨勢將繼續向上。

Personally, I believe that the probability of a short-term pullback is relatively high, but it is an opportunity for those who have no position to enter the market. For those who already have a position, it would be best to calmly observe the market changes and adjust our investment strategy accordingly.

我個人認為，短期回調的可能性相對較高，但對於那些沒有立場的人來說，這是一個機會。對於那些已經擁有職位的人，最好冷靜地觀察市場變化並相應地調整我們的投資策略。

It is important to note that investing in cryptocurrencies can be risky, and readers are advised to conduct their own research before making any investment decisions.

重要的是要注意，投資加密貨幣可能是有風險的，建議讀者在做出任何投資決策之前進行自己的研究。