Ethereum Market Analysis and Positioning Tips!


2026/6/23
Intraday Market Analysis!
If the rebound on the 1-4 hour chart does not break above 1732 and stabilize, it indicates the rebound is weak, and the decline will continue! If it breaks below 1717 intraday, it will accelerate downward!
Currently, the market is oscillating between 1717 and 1752, so focus on the 1732 long/short dividing line! Watch for sideways top and bottom!
From the 4-hour chart, the KDJ is dead❌, and if the decline cannot rebound near 1703 and the weekly support level at 1695, it indicates a weak rebound. If it breaks below the weekly support at 1695, it will be a deep correction!
Key support levels below are around 1686-1652-1616 and others!

The resistance levels above are just for show; under the control of the big players, if they are controlling the downward trend, the high levels around 1802-1837-1862 are just for show!
ETH-3.16%
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