$ETH Crypto Circle Academician: On July 1, Ethereum (ETH) Daily Chart Southbound Signal Hits Maximum—Where Is the Safe Entry Point for Going North? Latest Market Analysis Reference

Ethereum’s current price is 1570. The daily K-line is currently in a clearly defined downward channel. With the current price at 1570, it closed near the lower band of the Bollinger Bands, and short-term rebounds lack strength. The EMA moving-average system shows a bearish alignment; price continues to be under pressure below the 15-day and 30-day moving averages. Although the MACD indicator has shrinking green histogram bars, the DIF is still running below the zero axis, meaning bearish momentum has not been fully released. Strong support lies below at the prior low of 1503. The first resistance is near 1640. Overall, the trend is bearish; any rebound is more like a weak correction rather than a reversal signal.

The four-hour K-line is oscillating weakly below the middle band of the Bollinger Bands. Price is consolidating slightly around 1570, with a stalemate between bulls and bears. The EMA moving averages remain in a bearish arrangement. The 1590–1600 range forms a short-term strong resistance zone; the price has made multiple attempts to push higher but has not effectively broken through. The MACD indicator is near the zero axis below; the red bars shrink, and rebound momentum is insufficient. The Bollinger Bands continue to narrow, suggesting that in the short term it will most likely choose a direction. Overall, the pace remains bearish, and the rebound height is limited.

Short-term reference:

If the downside from 1530 to 1500 is not broken, go north; set stop loss at 1470; targets are 1570 to 1630.

If the upside from 1630 to 1670 is not broken, go south; set stop loss at 1700; targets are 1600 to 1550.

For specific actions, rely on real-time order book data. For more information, you can check the author’s updates. There may be a delay in publication of the article; the above is for reference only—risk is your own responsibility. ‌#预测世界杯法国VS瑞典