Crypto Circle Academician: The confrontation between the monthly and daily trends of Ethereum on June 1! How to break through as the trend begins to reshape? Latest market analysis reference.

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3 days ago

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Scholar in the cryptocurrency circle: Latest market analysis reference for Ethereum (ETH) on June 1, 2025.

The current price of Ethereum is 2540. It is now 1 AM Beijing time, and the southbound journey can begin. Be prepared for defense and set stop-losses. With the monthly closing and the weekend, it can be expected that the market will not show significant fluctuations. For those without patience, this can be quite torturous. There won't be much movement at the beginning of this month without major positive news, so operations can be more flexible. As long as risk control is done well, one can make quick entries and exits.

Looking at the daily K-line, the highest is 2550 and the lowest is 2474. The K-line has already fallen below the EMA15 trend at 2540. Now the market is consolidating at this position, indicating effective resistance. The EMA trend indicator is alternating between rising and contracting, and the EMA 0.382 Fibonacci support point at 2425 has not yet been reached. There is a high probability of retesting the bottom during this short-term consolidation. The MACD shows a bearish trend with a top divergence and decreasing volume, along with DFI and DEA expanding downwards from a high position. After the Bollinger Bands contract, the K-line breaking below the middle track at 2565 confirms the effectiveness of the bearish trend. The middle track is a key focus, with the lower track support reference at 2440. The strategy is to open shorts when encountering resistance.

The four-hour K-line quickly retraced to the EMA90 near 2495 after breaking below the EMA120 support. This indicates that the pressure level at 2540 is effective for testing positions. The MACD continues to decrease in volume, and the DIF and DEA are expanding below the zero axis, making the short position effective. The K-line has moved away from the lower track of the Bollinger Bands at 2470 and is now consolidating below the middle track at 2600. For those looking to open short positions, ensure proper defense and set stop-losses. If stopped out, it’s not a loss; opportunities to test positions can be found again. The strategy is to primarily short at high positions following the trend. For those wanting to go long, it is recommended to wait a bit before entering, as the timing for going long has not yet arrived. Use small stop-losses to gain larger profit spaces.

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

For northbound testing positions, aim for 2420 to 2400, with a defense at 2380 and a stop-loss of 30 points. The target is 2470 to 2500, with a breakout target of 2530 to 2580.

For southbound testing positions, aim for 2620 to 2600 short, with a defense at 2650 short and a stop-loss of 30 points. The target is 2550 to 2500, with a breakout target of 2450 to 2410.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and 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 views. 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 views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Manage 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 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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