Crypto Circle Li Ying: June 18th Ethereum (ETH) Latest Market Analysis and Trading Recommendations

Family members, Ethereum is currently priced at 1780. These days, it has been hovering between 1760 and 1790. The bulls want to push higher, but there is significant resistance above; the bears want to dump, but there is support below. Right now, it’s like a tug-of-war game, with both sides stalemated, waiting for a signal to break in one direction. We need to watch closely so we’re not fooled by false moves! The EMA7 moving average is close to the current price, and the medium-term trend is still intact. The short-term momentum on the MACD is slightly bearish, but it hasn't reached a deep dead cross. The middle band of the Bollinger Bands at 1783 is a resistance level, with the upper band at 1808 and the lower band at 1757 framing the price. Currently, it’s oscillating below the middle band. If it breaks below the lower band, the decline may accelerate; if it stabilizes above the middle band, a rebound could be possible.

Short-term reference:

Buy at 1760-1730, exit if it drops below 1700, target 1850 aiming for above 1900

Sell at 2000-2050, exit if it breaks above 2100, target 1950 aiming for below 1850

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The content is real-time and for reference only. Please bear the risks. $ETH #预测世界杯英格兰VS克罗地亚