$ETH Crypto Circle Li Ying: 6.8 Ethereum (ETH) Latest Market Analysis and Trading Recommendations

　　Family members, Ethereum is currently priced at 1630. This wave of movement is very exciting! Previously, it dropped from over 2100 down to 1503, and now it has finally stabilized and rebounded to 1629. Looking at this candlestick, after rising from the bottom, it has continuously closed with bullish candles, clearly indicating that funds are bottom-fishing. The moving averages are also beginning to turn upward, and the short-term trend has quietly changed. Many people are still hesitating whether to chase the move, but in fact, now is the critical point to confirm the reversal. As long as it holds above key levels, there is likely more room ahead. Don’t be scared by the previous decline; market sentiment has warmed up, follow the main force’s rhythm, and the opportunity to profit is right in front of you!

　　From a technical indicator perspective, EMA7 has crossed above EMA30, forming a golden cross pattern, indicating short-term bullish momentum is strengthening; MACD’s DIF is still below the zero line, but DEA is beginning to converge, and the green histogram is shortening, showing that the bearish force is weakening; the middle band of Bollinger Bands at 1583 has become a strong support, with the price stabilizing above the middle band and moving in the opening direction, volatility increasing, indicating the trend will continue. Overall, the indicator resonance points to a rebound, and as long as it does not break below the middle band, the bullish pattern remains solid.

　　Short-term reference:

　　Buy at 1610-1590, exit if it breaks below 1560, target 1650 aiming for above 1700

　　Sell at 1680-1700, exit if it breaks above 1730, target 1630 aiming for below 1600

　　The above content is exclusively original 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 will be helpful to you!

　　The content of this article is real-time and for reference only. Trade at your own risk ‌#预测NBA总冠军赢20,000U