6.26 ETH Analysis

ETH is trading around 1520, having broken below the Fibonacci 0.618 retracement level at 1535, which has now turned into resistance. The 0.786 retracement level at 1503 and the lower Bollinger Band at 1509 form the first resonance support zone. The 0.618 support zone at 1450-1480 on the daily chart overlaps with the 1-hour 1.0 extension level at 1456, creating a double bottom insurance. Above, the 0.5 midline at 1567 serves as the short-term bull-bear boundary; the bearish bias remains unchanged until it is reclaimed.

The MACD histogram is showing early signs of a bullish divergence, suggesting declining downward momentum, which, together with the 1503 support, provides a dual confirmation of space and momentum. In terms of time cycles, the 21st 1-hour K-line has been reached since the high of 1672. The number 21 is a Fibonacci turn signal, indicating a directional decision is imminent within the next day or two. The intersection of space, indicators, and time at the 1503-1509 area highlights the strategic value.

Trading suggestion: Short at 1560-1590, target 1500-1400. #美光市值超越Meta跻身全美前十 #美国5月PCE通胀升至4.1%创三年新高