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Eth
Daily level
We believe the primary task for the price today compared to yesterday is to delay the MACD golden cross action.
From the current situation, this action has been accomplished.
The task is completed, basically completed.
However, the golden cross of the MACD at the daily level seems inevitable.
Although today may experience a decline and continue to drop tomorrow directly turning the MACD convergence into a MACD duck's open mouth, the possibility is very low. The reason is that Ethereum's daily level has been eroding the MA60 for several days and currently shows no significant signs of successful erosion.
So in summary, Ethereum is not expected to have significant directional changes in the next two days, but rather continue to consolidate within this range.
It is believed that the possibility of reaching a higher point in the next two days is greater, but around July 2nd or 3rd, based on the daily level peak structure, it is considered highly likely that a new downward movement will begin.