Crypto Circle Academician: The short-term double top pattern of 6.8 Ethereum has emerged! The hope for a bullish counterattack is slim! Latest market analysis reference.

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4 hours ago

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Crypto Community Scholar: June 8, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 2510. It is now 1:30 AM Beijing time, and it's time to exchange time for space again. The expected deep bottom has not yet arrived. I suggest everyone adjust the average price above 2500 to cope with changes in the trend and avoid being washed out. Currently, Ethereum's medium-term fluctuations are around 200 points. As long as the investors are not greedy and take profits after a hundred points, it should be fine.

The daily K-line reached a high of 2525 and a low of 2455. The high point just hit the EMA15 trend fast line resistance and then retreated, indicating that the pressure is effective. You can hold on while the trend indicator shows contraction. The continuous decrease in MACD has caused DIF and DEA to come down to the 0 axis near the high position. This kind of top divergence can easily lead to a sharp rise or fall, so be sure to defend and set stop-losses. Safety first. The Bollinger Bands are still in extreme contraction, with the middle track focusing on 2560 and the upper track at 2690.

The four-hour K-line has formed a short-term double top trend resistance at 2520, which is exactly at the EMA15 and 120 trend line resistance. This indicates that the pressure is effective. Pay attention to the situation where MACD's contraction ends and starts to expand. DIF and DEA have formed a death cross below the 0 axis, indicating that the bulls are trying to counterattack. It depends on whether the bears give an opportunity. As long as it does not break the 0 axis, the bears remain dominant. The K-line is currently blocked by the middle track of the Bollinger Bands. Focus on the upper track at 2670 and the lower track at 2390 as short-term top and bottom references.

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

For a long position, try the entry point between 2550 and 2600, with a defense at 2650 and a stop-loss of 30 points. The target is 2500 to 2450, and if it breaks, look at 2400 to 2350.

For a short position, try the entry point between 2350 and 2330, with a defense at 2280 and a stop-loss of 30 points. The target is 2400 to 2450, and if it breaks, look at 2500 to 2550.

Specific operations should be based on real-time market data. For more information, you can consult the author. The article may have a delay in publication, so it is recommended for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Community Scholar 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 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. Don't 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; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success comes 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 Crypto Community Scholar 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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