6.25ThursdayETHAfternoonMarketOutlookCurrently,EthereumismovinginweakconsolidationwithBitcoin,withgreatervolatility,a24-hourdropofover4%,andtheETH/BTCratiocontinuingtodecline.RelativetoBitcoin,itcontinuestoweaken,lackingthecapitalbaseforindependentstrength.Onthemacrofront,highinterestrateexpectationssuppressnon-yieldingassets.EthereumspotETFshaveseennetoutflowsforseveralconsecutivedays,on-chainactivityhasdeclined,andcapitalisgenerallywaitingfortheeveningPCEinflationdata,withlowtradingactivityinthemarket.Technically,thebearisharrangementiscomplete,withpricesunderpressurefromallcyclemovingaverages.Sellingvolumeincreasesondeclines,whilereboundvolumecontinuestoshrink,indicatingweakbuyingsupport.Thecurrentpriceisconsolidatinginthe1630-1650range,withshort-termresistanceat1655-1680,wheretrappedpositionsareconcentrated,makingreboundsfaceclearpressure.1600isthekeydefenselevel;ifitbreaksdownwithvolume,thedownsidespacewillopenfurther.Theslightintradayrecoveryisjustaoversoldbounceafterthesharpdrop,withnotrendreversalsignal.Theoverallweakpatternwillonlyseesignificantvolatilityaftertheeveninginflationdataisreleased.Operationsuggestion:Shortat1650-1660,target1600,andifbroken,see1550$BTC $ETH $SOL

BTC-1.96%
ETH-3.46%
SOL-0.02%
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