6.22 ETH Evening Market Analysis

On the 4-hour chart, ETH has stabilized around 1500 and continues to push higher, currently regaining the MA60 moving average. The KDJ indicator shows a golden cross and divergence upward, while the MACD histogram continues to expand, indicating a very complete bullish structure.
The 1-hour cycle is also strong, with continuous breakthroughs of the 1740 and 1750 resistance levels, and almost no significant pullbacks during the breakout process, suggesting strong buying interest.
Although the 15-minute chart has entered the short-term overbought zone, the trading volume has not significantly declined. It appears to be a strong consolidation during the upward move rather than a top signal.

The market's biggest characteristic is:
The true top is often not made by rising but by falling.
Before a volume-spiking long bearish candle appears, the bulls still hold the initiative.

Trading Strategy
🟢 Bullish Plan
Consider going long on dips around 1750-1755 with stabilization
Target 1780
Target 1800
If a strong breakout above 1800 occurs, continue to watch the 1830-1850 range
🔴 Bearish Plan
If there is clear resistance around 1780-1800 during the rally
Try a small short position
Target 1760
Target 1740
If it breaks below 1740, be prepared for further pullback
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