$ETH CryptoCircle LiYing: June 12th Ethereum (ETH) Latest Market Analysis and Trading Recommendations

　　
　　Hello everyone, Ethereum is currently priced at 1645. The trend is like a roller coaster, dropping from nearly 2000 at the high to around 1500 before catching a breath. It has been consolidating and fluctuating for several days now. As ordinary investors, don’t rush blindly into this market; first, understand whether it’s a correction in a downtrend or a bottoming rebound. After all, crypto markets are volatile, and without understanding the patterns, it’s easy to lose money.
　　
　　First, look at the technical indicators: Among the EMA moving averages, the 7, 30, and current price are close together, indicating an unclear short-term direction; but the 120-day moving average at 1722 acts like a mountain pressing down, suggesting the medium-term trend has not yet reversed. The MACD indicator’s DIF and DEA are both below the zero line; although the red bars have narrowed, they haven’t turned green, meaning the bearish momentum is only weakening, not gone. The middle band of the Bollinger Bands at 1640 is a key support, with the upper band at 1669 acting as resistance. The price is fluctuating near the middle band, typical of a consolidation phase, with no clear advantage for bulls or bears. Remember, in a ranging market, don’t over-allocate; keep some bullets in reserve for clearer signals!
　　
　　Short-term reference:
　　
　　Buy at 1630-1600, exit if it breaks below 1560, target 1680 aiming for above 1720
　　
　　Sell at 1700-1730, exit if it breaks above 1760, target 1650 aiming for below 1600
　　
　　The above content is exclusively original by LiYing. Please indicate the source when reprinting! Market analysis has a delay, and prices change rapidly. The above suggestions are for reference only; trade at your own risk. We hope LiYing’s insights will be helpful to you!
　　
　　The article content is real-time and for reference only; trade cautiously ‌#预测世界杯墨西哥VS南非