As of midday on June 21, the Ethereum (ETH) market remains in a phase of uncertainty. Although the MACD bars are still in negative territory, they are gradually shortening — a signal that bearish momentum is fading. However, a definitive direction has yet to form.
📉 Technical Insight:
There are early signs suggesting that ETH might undergo a brief pullback before initiating a potential rebound as part of a broader consolidation phase.
📌 Trading Strategy:
From a trading perspective, consider entering a light long position in the $2,380–$2,410 range. The short-term upside target could be around $2,500–$2,550, assuming a successful bounce.
Stay cautious and manage your risk — the market is still searching for a clear trend.
