6.22 Early morning ETH strategy: daily chart continuous pullback, six-hour consecutive bearish close, short!
Market Judgment: Recently, the market has been dominated by bearish candles, and the price is overall in a downward trend, with a significant crash occurring on June 20, 2025. Long lower shadows on the candlesticks have appeared multiple times, indicating that there is some buying support at lower levels in the short term.
Key level breakdown
Resistance: 2440 (Price rebounds to the vicinity of EMA7 pressure, while approaching the previous high of 2444 forming selling pressure ))
Support: 2355 (The price continues to decline close to the recent swing low of 2394, and the round number has certain support.)
Operation instructions
🔻 Short Strategy: Short at 2440-2480 Target: 2355-2320, if broken continue to look down
Personal suggestion, for reference only! Strict stop loss! Strict stop loss!
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6.22 Early morning ETH strategy: daily chart continuous pullback, six-hour consecutive bearish close, short!
Market Judgment: Recently, the market has been dominated by bearish candles, and the price is overall in a downward trend, with a significant crash occurring on June 20, 2025. Long lower shadows on the candlesticks have appeared multiple times, indicating that there is some buying support at lower levels in the short term.
Key level breakdown
Resistance: 2440 (Price rebounds to the vicinity of EMA7 pressure, while approaching the previous high of 2444 forming selling pressure ))
Support: 2355 (The price continues to decline close to the recent swing low of 2394, and the round number has certain support.)
Operation instructions
🔻 Short Strategy:
Short at 2440-2480
Target: 2355-2320, if broken continue to look down
Personal suggestion, for reference only!
Strict stop loss! Strict stop loss!