Cryptocurrency Academy: After Ethereum broke through 2300 on June 24, the bears swept down to 2200. A desperate counterattack? Or a deep plunge? Latest market analysis and reference suggestions.

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3 hours ago

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Scholar in the cryptocurrency circle: June 24, 2025, Ethereum (ETH) latest market analysis reference.

The current price of Ethereum is 2280. It is now 1:30 AM Beijing time. A pullback is inevitable; a pullback is an opportunity to go south, especially since this wave has broken 2300 with significant resistance. This was also mentioned in yesterday's article, which everyone can refer to. If it goes south from 2300 to reach the 2200 mark, you can exit part of your position and let the rest continue to look down. The volatility in the past few days has been relatively large, exceeding a hundred points of space. It is best to choose entry points at key support and resistance levels, rather than short-term support or resistance, as it is easy to get swept out.

Before the article was published, the daily K-line reached a high of 2320 and a low of 2185. The demand for a pullback is very obvious. The EMA trend indicator is contracting, and the EMA15 fast line indicator is still at 2450, about to reach the golden ratio resistance point of 0.382 at 2425. The MACD has been continuously shrinking and accumulating, causing the DIF and DEA to enter below the 0 axis line, with bearish forces increasing. The Bollinger Bands are opening downwards, and the lower support has come to 2220. The market is warming up from extreme overselling, and after a sharp drop, it is highly likely to enter a continuous consolidation period, along with ongoing downward tests of the bottom support.

On the four-hour K-line, there are spikes up and down. After breaking the 2300 high, it dipped below 2200 and is currently consolidating at 2250. The EMA15 pressure level to watch is 2280. The MACD has been continuously shrinking and has started to expand. The DIF and DEA have formed a golden cross. If the four-hour K-line does not break 2200 before 4 AM, then the daytime consolidation period is likely to be around 2250. The K-line will also test the mid-track pressure level of 2315, with the lower support coming to 2130. However, the overall trend has not changed and remains bearish, so the main strategy should be to follow the trend downwards, with a secondary focus on going long.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first, small losses with big gains is the goal.

For southward testing points, 2300 to 2330, with a defense at 2360, stop-loss at 30 points, and targets looking at 2250 to 2200, with a break looking at 2150 to 2100.

For northward testing points, 2150 to 2100, with a defense at 2050, stop-loss at 30 points, and targets looking at 2200 to 2250, with a break looking at 2300 to 2350.

Specific operations should be based on real-time market data. For more information, you can consult the author. The publication of the article has a delay, and the suggestions are for reference only; risks are to be borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency circle and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions are not real-time and are for reference only; risks are to be borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market; when a trend comes, respond to it and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The scholar in the cryptocurrency circle wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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