ETH June 10 Market Analysis

　　1. Technical Breakdown (Daily/12H/Weekly)

　　1. Daily Level (Bearish Core Logic)

　　Oscillators: KDJ momentum waning, MACD bearish trend continues; Bollinger Bands lower band remains open, market selling pressure not fully released, dominated by bears.

　　Moving Averages Resistance: Only the short-term MA5 slightly turning upward, MA10 and MA30 medium- to long-term moving averages moving downward together, forming a strong resistance zone; current candlestick closes below the 5-day moving average, short-term bullish rebound failed, bears may restart decline at any time.

　　TD Sequential Indicator: Previous day’s correction completed, no bullish reversal signal, price back below the moving averages, short-term sentiment turning bearish, with a risk of a second decline.

　　2. 12-Hour Short-term Cycle (Bearish Reinforcement)

　　KDJ and MACD briefly rebound but momentum quickly exhausts; Bollinger Bands move downward overall, with the downward channel widening, increasing downside power.

　　Short-term MA5 turns downward, MA10/30 continue to press down, multiple moving averages acting as resistance, insufficient bullish momentum, mainly oscillating downward with slight rebounds before further declines.

　　3. Weekly Dimension (Delayed Mid-term Rebound)

　　Weekly gap-filling rally shows significant delay, weak rebound volume in the first half of this week, bearish sentiment low.

　　From weekly K-line structure: The current decline is not yet over, a further volume-driven drop or long lower shadow bottoming is likely, only after fully releasing bearish strength will a weekly-level rebound and gap fill be initiated.

　　二、 Core Market Summary

　　Intraday Trend Forecast: ETH is highly likely to see a second volume-driven decline today, current trading volume has shrunk compared to yesterday, lacking bullish capital inflow, trend remains oscillating downward;

　　Key Support Zone: First strong support at 1480–1550, price retesting this zone may see a temporary short-term hold, if support holds, slight rebound; if broken, deeper downside space opens.

　　Mid-term Rhythm: Weekly gap cannot be repaired in the short term, the decline has not bottomed out, limited rebound potential before bottoming out.

　　Trading Strategy: Short below around 1630~1650, targeting 1550~1530 support zone.

　　Remember to set proper stop-loss and take-profit orders, secure profits, and avoid blindly chasing the market.