6.12. ETH Today’s Trading Layout Strategy

　　Ethereum’s current price is 1660, and this move is like riding a roller coaster! It previously dropped from 2149 all the way down to 1503—after finally managing a rebound, it’s now back here stalling and wobbling. Don’t panic, retail traders—first, figure out what support and resistance are. It’s just like there’s a small convenience store downstairs at your place (support): if the price rises too high, it has to come back and rest (resistance). Now the price keeps jumping back and forth within this range—should it keep falling, or can it surge higher? Don’t rush; let’s break down the technical indicators piece by piece clearly!

　　The moving average system: the 7-day, 30-day, and 120-day moving averages are all slanting downward, showing that the bigger trend is still dominated by the bears, with the price being suppressed tightly. As for the MACD indicator, the green histogram bars are getting shorter and the fast and slow lines are gradually approaching below the zero axis—like it’s not falling any more and needs to catch its breath. The Bollinger Bands’ upper and lower bands are narrowing, and the price is hovering near the middle band—this is a typical pre-turn signal: either break upward through the middle band, or fall below the lower band to seek new lows. These indicators put together are telling you this: short-term consolidation—direction isn’t decided yet—but the bears haven’t completely surrendered!

　　Short-term reference:

　　Do more positions at 1630-1650; if it breaks below 1560, exit; target 1680, aiming for above 1720

　　Do more positions at 1700-1730; if it breaks above 1760, exit; target 1650, aiming for below 1600

　　— I’m Blue Ge, a teacher focused on technical analysis. If you have any questions about executing trades or the trend, feel free to communicate and learn with me together! Let’s exchange insights together, and profit together!