Crypto Circle Academician: Has the Key Signal for Ethereum (ETH) Appeared on 6.23? Latest Market Analysis Reference

Ethereum's current price is 1740. To be honest, the current ETH market is very clear: daily chart shows weakness suppression, four-hour short-term recovery, a typical oscillating shakeout structure. The market will never follow human nature; when you're greedy, it's time to harvest. Short-term trading only involves certainty, follow through after breakout, exit immediately if broken, no illusions, no holding, no hesitation. Trading has no luck, only probabilities and risk control. Stick to the rules to eat steadily in the long run.

The daily K-line is below the EMA15, with EMA30, 60, and 90 showing a typical bearish arrangement, indicating the medium- to long-term downtrend remains unchanged. MACD's downward momentum is weakening but has not fully reversed. The middle band of Bollinger Bands continues to decline, with the price staying close to the lower band, overall in a weak oscillation zone. The key resistance level above is the Fibonacci 78.6% at 2242, and the strong support below is the previous low at 1503. There is no clear reversal signal in the short term, and the weak pattern is hard to change.

The four-hour K-line stabilizes above EMA15, with EMA30 and 60 flattening, and short-term downward momentum significantly weakening. MACD's short-term bullish force is attempting to rebound. Bollinger Bands are narrowing, with the price oscillating near the middle band, forming a converging triangle pattern. The initial resistance above is Fibonacci 23.6% at 1730; after breaking through, it may test around 1870. Support is at the Bollinger lower band 1696; if broken, it may revisit the 1503 low again. Short-term bulls and bears are fiercely contesting, in a weak rebound stage after a decline.

Short-term reference: Safety first, remember there is no 100% certainty in the market, so always set stop-losses. Safety first—small losses, big gains is the goal.

Below 1700 to 1650, do not break northward; stop-loss 50 points, target 1750 to 1800.

Above 1790 to 1830, do not break southward; stop-loss 50 points, target 1750 to 1700.

Specific operations depend on real-time market data. For more information, you can contact the author. The article may have a delay; for reference only, risk is on your own. $ETH ‌#预测世界杯法国VS伊拉克