6.26 ETH Analysis

ETH is currently trading around 1520, having broken below the Fibonacci 0.618 retracement level of 1535, which now turns into resistance. Below, the 0.786 retracement level of 1503 and the lower Bollinger Band at 1509 form the first resonance support. The daily-level 0.618 support zone of 1450-1480 overlaps with the 1-hour 1.0 extension level of 1456, forming a double bottom insurance. Above, the 0.5 midline at 1567 serves as the short-term bull-bear watershed; the bearish pattern remains unless this level is recovered.

The MACD histogram shows a nascent bullish divergence, indicating weakening downward momentum, which together with the 1503 support forms a dual validation of space and momentum. In terms of time cycle, from the high of 1672, it has entered the 21st 1-hour K-line. 21 is a Fibonacci turn number, suggesting a directional choice in the next day or two. The triple dimensions of space, indicators, and time converge at the 1503-1509 area, highlighting strategic value.

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