6.16 Market $ETH Analysis: Section Chief will directly explain how to place orders, with Ethereum's approach being somewhat similar to Bitcoin. First, on the 15-minute chart, it’s hard to see a continuous upward trend before the trend line is broken. After the breakout, the resistance is at 1810. Once 1810 is successfully broken, Ethereum's strength increases. Look for higher resistance levels at 1950 and 1980 to bet on short positions. On the hourly chart, at 1695 and 1675, look for support and rebounds. These are also the upper boundaries of the previous consolidation range. Theoretically, it’s not appropriate to chase short positions again at these levels; it’s better to wait for a rebound. Therefore, in terms of long and short strategies, look for rebounds at 1695 and 1675, a small correction at 1810, and consider betting on larger declines at 1950 and 1980.

$ETH The Indonesia Jakarta Composite Index fell 4.2% on June 4th, reaching a five-year low. According to Guru Club, the Indonesia Jakarta Composite Index (JCI) dropped 4.2% to 5,688.574 points on June 4th, marking its lowest level since December 2020.

Today’s live analysis For shorting ETH, focus on this trend line and around 1804; if 1804 breaks, then stop loss. You can choose to short around 1804-1780. For going long, watch around 1710-1730. As long as it doesn’t fall below 1710 and a three-sell appears, this upward move has not been ended. $ETH #我的Gate交易时刻