Crypto Circle Academician: Will Ethereum Bulls or Bears Win in the End on June 2? Latest Market Analysis and Trading Suggestions

Ethereum's current price is 2004. Yesterday, it moved north from 1960 to now. This kind of wave-like short-term fluctuation, bouncing back and forth, is more stable in support than Bitcoin. Bitcoin is at 73,000, and Ethereum at 2000. Now Bitcoin is at 71,000, and Ethereum is still at 2000, indicating that this position is the same as last year, belonging to a densely packed zone of chips. But before the trend turns around, don’t be too optimistic. Yesterday’s near-long position was almost stopped out, which is a good example.

The daily K-line slightly closed down 0.10%, still in a downward channel overall. The price has broken below the EMA15, EMA30, and other short-term moving averages, which are arranged downward, with heavy resistance above. The MACD indicator's DIF and DEA are both below the zero axis. Although the downward momentum is weakening, there is no clear sign of a reversal to the north. The Bollinger Bands are narrowing continuously, with the price operating below the middle band. There is support near the lower band at 1944. The overall trend is weak, with no signs of a strong reversal in the short term.

The four-hour K-line rebounded slightly after touching the low of 1954, with the current price around 2004. The short-term moving averages are still arranged downward, but the price has already risen above EMA15, showing a slight sign of stabilization. The MACD indicator has a bullish crossover below the zero axis, with red momentum bars continuing to expand, indicating some recovery of upward strength in the short term. Regarding Bollinger Bands, the price rebounded from the lower band toward the middle band, with resistance near 2045, and the upper band at 2106 as a strong resistance level. The current rebound is more of a correction after a decline, not breaking through key resistance, still in a weak oscillation zone.

Short-term reference:

- Above 2070 to 2100, with a stop loss at 2120, target 2040 to 2010
- Below 1990 to 1960, with a stop loss at 1930, target 2030 to 2070

Specific operations depend on real-time market data. For more information, contact the author. The article may have a delay; for reference only, risk is on your own. $ETH ‌#ArthurHayes看好HYPE超越SOL