6.5 Ethereum Morning Analysis



Yesterday, Ethereum's overall trend was weak, showing a oscillating downward movement. In the morning, it retreated from a high level, with the lowest dip to 1712, and although there was a rebound afterward, it was pushed down again in the evening, failing to break through effectively.

From a technical perspective, the 1-hour indicator moving average system is diverging downward, with insufficient rebound momentum. The daily MACD is below the zero line, with the bearish momentum bars continuously enlarging. The RSI has been operating at a low level for a long time, unable to change the overall downward trend. The bears still dominate the market, and the trading strategy is mainly to go short at high levels.

Trading suggestions:
Short at 1770-1790, targeting 1730-1710. $ETH #比特币ETF单日净流出7272枚
ETH-5.58%
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