✅【ETH Intraday Analysis】June 6
📉 The four-hour MACD continues to operate below the zero axis, with a steep downward angle. The larger cycle has not stopped declining, and there is only a technical pullback possibility in the short term.
The market is still within a time-space turning point window, with increased volatility. Do not operate against the trend, and do not easily attempt to catch the bottom.
🔻 Support Levels:
2351: Short-term support. If lost, it could accelerate downward.
2267: Important structural support. If broken, it will trigger panic selling.
2152: Mid-term defense line. If this level is reached, the market has entered a deep adjustment zone.
🔺 Resistance Levels:
2525: First resistance level, the starting point of the main short area for pullbacks.
2579: The previous high point before the MACD death cross, a key resistance.
2600: Strong resistance level, very difficult to break through.
🧭 Operational Suggestions:
✅ If there is a rebound to the 2525 / 2579 range and it stagnates, you can lightly short in the direction of the trend, with a stop-loss set above 2605.
⚠️ If it drops near 2351 / 2267, do not blindly attempt to catch the bottom; you need to observe the volume and MACD flattening signals.
❗Currently still in a turning point cycle, operations must primarily follow the trend, with stability as a priority.
📌 Technical Summary:
ETH is currently in a major cycle adjustment trend, with the four-hour MACD bearish continuation, and the rebound height is limited. During the turning point period, market variables are high; it is better to miss out than to reverse positions; staying alive gives you opportunities.
