6.25 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference

The current price of Ethereum is 1653, with an overall decline of 1.16% during the day. The intraday high and low points fluctuate greatly, having dipped around 1551 early in the morning. Although the market saw a net inflow of over 80 million USD, the main players have placed large sell orders, and there continues to be selling pressure above.

Looking at the short-term one-hour trend, the rebound appears steady, with prices firmly above the middle band of the Bollinger Bands. The MACD red bars continue to expand, indicating a strong short-term bullish rebound momentum; however, both KDJ and RSI have entered the overbought zone, and the indicators are already overextended. A pullback for correction could happen at any time, with key support in the 1620-1600 range. It is absolutely not advisable to chase after long positions at this point.

On the four-hour chart, the overall downward trend has not changed, as the price continues to operate between the middle and lower bands of the Bollinger Bands. The MACD is still below zero and has not turned positive effectively, indicating a severe lack of bullish strength in the longer cycle. This one-hour rebound is merely a corrective move following the larger decline, making it challenging to break through the key resistance levels of 1700 and 1750 all at once. The overall operational strategy: wait for support to pull back before lightly buying in, and absolutely do not chase after the price when it rises; before there is a clear signal of a trend reversal in the larger cycle, do not hold long positions heavily. Consider shorting when the rebound reaches its peak. Follow Mr. Coin to capture the market rhythm in real time.

6.25 Ethereum Short-term Reference:

Go short above 1685, protect with a stop at 1780, target below 1620,

Go long below 1520, stop loss at 50 points, target above 1580,

The information provided may be delayed; the proposed strategies are for reference only. Market conditions change rapidly, and no matter how confident your market judgments are, always manage your take profits and stop losses to secure your gains.

For more real-time trading strategies, online technical learning, and ways out of positions, you can follow the mentor’s public account (Mr. Coin Talks Cryptocurrency) to get the method to add: the first ten people daily can receive a free strategy for resolving positions,

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