Crypto Circle Li Ying: June 1st Ethereum (ETH) Latest Market Analysis and Trading Recommendations



  
Article release date: 2026.6.1-----00:30
  
Friends, Ethereum is currently priced at 2009. Ethereum is now stuck at this level, looking like an awkward period of neither rising nor falling. It recently dropped from around 2150 down to 1965 to stabilize, and in the past few days, it has been fluctuating around 2000, with neither bulls nor bears making big moves. Ordinary retail traders should not guess the top or bottom blindly; first understand the trend before acting—after all, there are too many examples of losing money by chasing highs and lows in the crypto market. Steady and cautious is the way to go!
  
From the moving average system, EMA7 and EMA30 are both pressing above the current price, and EMA120 is a long-term bearish signal, indicating weak short-term rebound strength and a medium-term trend still leaning bearish. In the MACD indicator, DIF and DEA are both hovering below the zero line. Although the green bars haven't expanded, they haven't significantly shrunk either, implying that the downward momentum is temporarily taking a breather, but no reversal signal has appeared yet. Regarding Bollinger Bands, the price is oscillating near the lower band at 2009, with the middle band at 2033 acting as resistance. The narrowing channel also hints that the market is about to choose a direction. Overall, Li Ying sees this as a phase of weak consolidation awaiting a breakout—don't rush to buy the dip or chase the short.
  
Short-term reference:
  
Buy at 2010-1980, exit if below 1950, target 2030 aiming for above 2040
  
Sell at 2030-2040, exit if above 2060, target 2020 aiming for below 2000
  
The above content is exclusively created by Li Ying. Please indicate the source when reprinting! Due to the delay in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Li Ying's analysis can be helpful to you!
  
The article content is real-time and for reference only; trade #WTI原油失守90美元 at your own risk.
ETH0.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned