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June 25 $ETH Midday Analysis
The Bollinger Bands are opening downward overall, with a clear medium-to-long-term downtrend. The market continues to weaken from above 1730, reaching a low of 1551.
After the decline, a corrective bullish candle appeared, but the price is under pressure below the middle band of the Bollinger Bands. The middle band has turned into a short-term key resistance, and the rebound momentum is weak.
The lower band of the Bollinger Bands at 1581 is the immediate support; if the rebound is weak and the price falls again, breaking this support will further open downside space; if it holds, the short-term market will remain in a range-bound pattern. Yifan's personal suggestion: short around 1680-1730, target around 1610-1581#BTC #ETH #BTC走势分析