$ETH CryptoCircle LiYing: June 15th Ethereum (ETH) Latest Market Analysis and Trading Recommendations

　　
Family, Ethereum is currently priced at 1665. The current market looks quite tense, but those in the know understand this is the night before a trend reversal. LiYing speaks with charts—this market is like a spring compressed to its limit. It previously dropped from 1720, and although there was a slight rebound in the middle, it clearly lost momentum. Now the price is bouncing around near the moving averages, with both bulls and bears holding their big moves. For retail traders like us, at this moment, do not act rashly, do not chase highs or sell lows. This oscillation is meant to shake out weak-handed chips; once the direction is clear,
　　
From a technical perspective, the EMA moving average system shows a typical recovery pattern after a bearish arrangement. The long-term EMA120 is forming strong resistance around 1700, while the short-term EMA7 and EMA30 are tangled together, indicating an unclear short-term trend. The MACD indicator is below the zero line, with DIF and DEA values very low. Although the green bars have shortened, the momentum is insufficient, hinting that the downward momentum is exhausted but the upward movement is weak. The Bollinger Bands are closing in significantly, with the upper band at 1687 and the lower band at 1661, with bandwidth compressed to the extreme, usually a sign of imminent volatility. The candlesticks are consolidating near the middle Bollinger Band with decreasing volume; once they break above or below the bands, a one-sided trend may be triggered. Currently, it’s a calm before the storm, beware of false breakouts.
　　
Short-term reference:
　　
Buy at 1650-1620, exit if below 1580, target 1680 aiming for above 1720
　　
Sell at 1700-1730, exit if above 1760, target 1650 aiming for below 1600
　　
All the above content is exclusively created by LiYing. Please credit the source when reprinting! Due to delays in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope LiYing’s analysis can be helpful to you!
　　
The content is real-time and for reference only; trade cautiously. ‌#预测世界杯德国VS库拉索