$ETH 【6.5 Ethereum Trend Analysis】
K-Line Pattern:
A large bearish candle appeared on the 4-hour chart with a significant drop (04:00 -18.05, trading volume 25316), followed by weak rebounds.
The daily chart formed a long upper shadow inverted hammer (06/04 highest 2679.88 closed at 2607.68), indicating heavy selling pressure above.
Current price has broken below the previous low of 2610 integer support (06/05 tested 2599.54).
Technical Indicators:
MACD: The fast and slow lines on the 1-hour chart have diverged after a death cross (DIF: -1.59 crossing below DEA: 2.98), with the histogram accelerating downward to -9.15.
RSI: The 14-period value quickly fell from the overbought zone of 65.16 (06/04) to 45.28, not reaching oversold but showing weakened momentum.
EMA: The 1-hour chart shows a death cross between the 7/30 moving averages (2613.54 < 2618.59), with price under pressure at the 120 moving average of 2590.48.
Trading Volume:
Volume in the top region has unusually increased (06/04 23:00 trading volume 65792 compared to recent average of 20000+).
A decrease in volume during recent 6-hour rebound (08:00-09:00 trading volume 5074, only 20% of the drop period).
Divergence in volume and price on the daily chart (06/05 drop with trading volume 15688 lower than 06/04 rise volume 502495).
Strategy points will be announced immediately in the next post. The trading strategy published in the square last month up to yesterday was 100% accurate, and the current strategies published in the square have a 100% win rate.
Currently holding $BTC $XRP
Follow Kun Ge to avoid getting lost
#Circle扩大IPO规模 #美国加征关税 #币安钱包TGE #Strategy增持比特币 #韩国加密政策
K-Line Pattern:
A large bearish candle appeared on the 4-hour chart with a significant drop (04:00 -18.05, trading volume 25316), followed by weak rebounds.
The daily chart formed a long upper shadow inverted hammer (06/04 highest 2679.88 closed at 2607.68), indicating heavy selling pressure above.
Current price has broken below the previous low of 2610 integer support (06/05 tested 2599.54).
Technical Indicators:
MACD: The fast and slow lines on the 1-hour chart have diverged after a death cross (DIF: -1.59 crossing below DEA: 2.98), with the histogram accelerating downward to -9.15.
RSI: The 14-period value quickly fell from the overbought zone of 65.16 (06/04) to 45.28, not reaching oversold but showing weakened momentum.
EMA: The 1-hour chart shows a death cross between the 7/30 moving averages (2613.54 < 2618.59), with price under pressure at the 120 moving average of 2590.48.
Trading Volume:
Volume in the top region has unusually increased (06/04 23:00 trading volume 65792 compared to recent average of 20000+).
A decrease in volume during recent 6-hour rebound (08:00-09:00 trading volume 5074, only 20% of the drop period).
Divergence in volume and price on the daily chart (06/05 drop with trading volume 15688 lower than 06/04 rise volume 502495).
Strategy points will be announced immediately in the next post. The trading strategy published in the square last month up to yesterday was 100% accurate, and the current strategies published in the square have a 100% win rate.
Currently holding $BTC $XRP
Follow Kun Ge to avoid getting lost
#Circle扩大IPO规模 #美国加征关税 #币安钱包TGE #Strategy增持比特币 #韩国加密政策
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,490.84
+2.07%