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Cryptocurrency Scholar: June 7, 2025 Ethereum (ETH) Latest Market Analysis Reference
The current price of Ethereum is 2490. It is now 1:30 AM Beijing time. After a week of high-level southward hunting, we finally hit the target at 2450 and took profits. The main force has re-entered at 2400, but the amount of chips entering is not much. If you were the main force, when would you re-enter after taking profits at a high? The southward movement is not over yet; a pullback resistance at 2500 presents an opportunity to go south. Pay close attention to the strength of the upper resistance levels.
The daily K-line shows a high of 2530 and a low of 2379, just hitting the EMA15 trend fast line resistance at the top and then retreating, indicating that the resistance level is effective in the short term. It is possible to try a position southward, focusing on the support in the dense area of trend indicators between 2330 and 2280. The MACD has shown continuous top divergence leading to a decline, with reduced volume and increased chips. The DIF and DEA are close to the 0 axis, and the K-line is hovering around the lower Bollinger Band support at about 2430. In the short term, if we want to hit the middle Bollinger Band at 2560, those going south can set a short-term stop loss above the middle band, while those going north should also pay attention to taking profits if the middle band is not broken.
The four-hour K-line shows that the main force has made four high pushes in a row, increasing their holdings. Retail investors who bought at high levels were liquidated yesterday, largely due to the overwhelming impact of false news about market recovery recently. Currently, the K-line is facing resistance at the EMA120 trend at 2520. If the southward movement is effective, it can be held. Pay attention to the top resistance level of the trend at 2560. The MACD shows reduced volume, with the DIF and DEA contracting below the 0 axis, and the Bollinger Band is opening. Overall, in the short term, if there is a rebound, encountering obvious resistance presents an opportunity to go south. For now, do not consider going long; the downward trend is not yet complete.
Short-term reference: Safety first. Remember that market conditions are never 100% certain, so always set stop losses. Safety first; small losses with big gains is the goal.
For southward trial positions, buy between 2500 and 2530, with a defense at 2560, stop loss at 30 points, and target looking at 2450 to 2400, with a breakdown target of 2380 to 2350.
For northward trial positions, sell between 2350 and 2330, with a defense at 2280, stop loss at 30 points, and target looking at 2400 to 2450, with a breakdown target of 2500 to 2550.
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; the suggestions are for reference only, and risks are borne by the reader.
This article is exclusively contributed by the Cryptocurrency Scholar 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 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 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 happen unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The Cryptocurrency Scholar wishes you happy investing!
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