Coin Circle Li Ying: Latest Ethereum (ETH) Trend Analysis and Trading Suggestions on June 4

Article published on 2026.6.4-----00:30

Family, Ethereum is now at the price of 1837, looking at the K-line sliding down like a slide, doesn’t it feel chilly in your heart? Friends who didn’t exit at high positions must be regretting it. Let’s skip the fluff and just look at this chart; the moving averages are tightly suppressed, like a sword hanging over the head, and every little rebound gets knocked down, clearly indicating a bearish control. However, it’s been falling for so long, isn’t it time to catch a breath? Don’t panic, let’s break it down step by step to see if we should cut losses or can find a bottom; preserving the principal is the way to go!

From a technical indicator perspective, the main chart’s three moving averages in yellow, purple, and white are in a perfect bearish alignment, with prices being firmly pressed below. Every time it rebounds near the moving averages, it’s a selling point. The MACD indicator on the sub-chart is running below the zero axis, and although the green bar shows signs of shortening, the fast and slow lines have not formed a golden cross, indicating that while the downward momentum is weakening, the reversal signal has not been confirmed. In terms of trading volume, volume expands during declines and contracts during rebounds, a typical divergence in price and volume, showing weak capital acceptance. The overall trend remains bearish; a short-term oversold rebound may occur, but the larger direction has not changed.

Short-term reference:

Trade range 1800-1750; if it breaks below 1700, exit, aiming for 1850 targeting above 1900.

Trade range 1900-1950; if it breaks above 2000, exit, aiming for 1850 targeting below 1800.

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