2025/6/6 $ETH Current Trend Analysis: Downward Trend

Key Indicator Analysis:

1. Price Trend:

From the high point on May 28 of 2762.5, it has continuously fallen to 2408 on June 6, a decline of 12.8%

The latest K-line (2408) has created a recent low, but the trading volume has significantly shrunk (42.54 million vs the previous 749 million)

2. Moving Average System (EMA):

The fast line (ema_fast=2543) has crossed below the slow line (ema_slow=2565), forming a death cross

The double EMA is in a bearish arrangement, but the divergence is large (-22.4), indicating a possibility of short-term correction

3. MACD Indicator:

The histogram has been negative for 17 consecutive periods, with the latest value at -23.93 showing strong bearish momentum

However, the difference between DIF and DEA has reached an extreme level, warranting caution for a technical rebound

4. Volume Characteristics:

Downward with increased volume (the single K-line on June 5 had a trading volume of 749 million)

The latest K-line volume has shrunk to 5.7% of the previous level, possibly indicating weakened selling pressure

5. RSI/StochRSI:

RSI=28.18 has entered the oversold zone (<30)

StochRSI_K/D are both 0, indicating extreme oversold signals

Key Long/Short Levels:

Resistance Level: 2535 (previous rebound high)

Support Level: 2400 round number

Operation Suggestion:

A technical rebound may occur in the short term, but observation is required:

1. If the rebound cannot break through 2480 and is accompanied by shrinking volume, the downward trend will continue

2. If it breaks through 2535 with increased volume, it may shift to a consolidation pattern

3. Currently, it is still recommended to focus on shorting at rebound highs, with strict stop-loss settings