Crypto Circle Academician: On June 15, Ethereum's bearish trend is deeply rooted, and short-term rebounds have been locked in? Latest market analysis and trading suggestions


  
  Ethereum's current price is 1663. The overall environment for Ethereum has not changed, with a downward trend. Don't overestimate a big reversal during short-term sideways movement, don't go all-in on bottom-fishing, and avoid trying to catch the bottom during Ethereum's cycle. The main risk is not understanding the cycle; in a long-term downtrend, a small rebound in the short-term is just a weak correction. The rebound is fleeting, leaving you stuck halfway up the mountain. Many fans privately ask me whether they can bottom-fish now or go south. Don't assume that 1660 is the absolute bottom; the real bottom is never formed by sideways consolidation alone, often it requires a panic sell-off. Take profits quickly when short-term gains look good.
  
  The daily K-line is generally in a low-volatility oscillation pattern after a deep decline. All moving averages are arranged downward, with the 15, 30, and 60 EMA lines all pressing above the price. The first resistance is at 2008, with medium-term strong resistance at 2242. The previous low point at 1503 is the ultimate support for this round of decline. Currently, the price is slightly above the low point, leaving a small margin. The MACD indicator's DIF and DEA are showing weak red bars; the downward momentum is temporarily slowing, but the strength of the northbound rebound is very weak. The Bollinger Bands are opening downward, with the price close to the middle and lower bands. The daily trend remains dominated by a downward trend, with no reversal or bottoming signals. The rebound can only be seen as a weak correction during the decline.
  
  The four-hour K-line shows a stabilization and sideways movement after a decline. In the short term, the EMA15 and EMA30 are intertwined around 1669, with the price slightly pressured by the moving averages. Key support is at 1651, the lower Bollinger Band; resistance is at 1688, the upper Bollinger Band. The Fibonacci retracement at 23.6% is at 1730, a strong short-term resistance level. The MACD DIF and DEA are showing almost no green bars, indicating the downward momentum is exhausted, and there are signs of a short-term bottoming and consolidation. Compared to the daily chart's strong downtrend, the four-hour chart only shows a slight rebound zone without a breakout or upward structure. The longer the sideways movement lasts, the greater the potential for a decisive move. Only a breakout above resistance can open up space for recovery; a break below support would restart the bottom search.
  
  Short-term reference:
  
  Upward from 1650 to 1600, stop-loss at 1550, target 1680 to 1720
  
  Downward from 1720 to 1750, stop-loss at 1800, target 1650 to 1600
  
  Specific operations should be based on real-time market data. For more information, contact the author. The article may be delayed; use at your own risk. #预测世界杯德国VS库拉索 @金山银山 $ETH
ETH-2.80%
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