Crypto Circle Academician: On June 11, Ethereum MACD and Bollinger Bands Resonated Downward, Full Analysis of Support and Resistance for the Future! Latest Market Analysis and Trading Suggestions


  
  Ethereum is currently priced at 1650, and the daily chart shows a strong downward pressure. Many friends are holding long positions and refuse to admit losses, continuously adding positions to average down, resulting in a gradual depletion of capital like boiling a frog in warm water. Short-term small rebounds cannot change the overall downward structure. Many people think that stop-loss means losing money, but in fact, stop-loss is a firewall to protect capital; holding positions is the real bottomless pit. Controlling your hands is much more important than frequent operations, or, like me, going short at every high point and eating continuously. Maintaining a steady mindset is key to surviving long-term in the market.
  
  The daily K-line is overall in a deep downward channel. All moving averages are arranged downward, with the 15, 30, 60, 90, and 120-period EMAs layered to suppress the price. The first resistance above is 1793, with a strong resistance at 2242. The Fibonacci 100% support is at 1503. Today's low point at 1605 still has some room to the support level. The daily MACD remains in a growing green histogram, with DIF and DEA lines continuing downward, indicating no weakening of the downward momentum; Bollinger Bands are opening downward, with the price running close to the lower band, and the middle band at 1889 forming strong resistance. There are no signs of a trend reversal on the daily chart; rebounds can only be seen as minor corrections within the downtrend, with the overall downward trend firmly controlling the market.
  
  The four-hour K-line also shows a weak trend, with the current price at 1626. Short-term EMAs are clearly suppressing upward movement, with the 15-period EMA at 1660 and the 30-period EMA at 1682 firmly blocking the rebound space. Fibonacci 0% support is at 1503, with resistance at 1730 at 23.6%. Short-term rebounds are unlikely to break through this level. The four-hour MACD shows a small golden cross, with a slight increase in the red histogram, indicating a short-term minor correction is needed. However, both lines are still below zero, belonging to a weak rebound within a downtrend. Bollinger Bands are narrowing and flattening, with the price stuck between the middle and lower bands. The lower band at 1606 is the first short-term support; if broken, it will directly test the 1503 low again. The four-hour rebound strength is limited and does not change the overall bearish structure.
  
  Short-term reference:
  
  From 1720 to 1750, going south, stop-loss at 1800, target at 1650 to 1550.
  
  From 1600 to 1550, going north, stop-loss at 1500, target at 1650 to 1720.
  
  Specific operations should be based on real-time market data. For more information, contact the author. The article may have delays; for reference only, risk is on your own. $ETH #Anthropic发布Fable5模型
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