The rebound meets resistance at the trend line, breaking through 2520 will determine the direction!
Ethereum also experienced a strong rebound, similarly facing resistance at the lower trend line of the trend channel. Overall, Ethereum's recent performance is quite good, and we hope to continue to strive for further achievements!
In terms of trends:
The key points to watch next include the position of the trend line above, whether it can break through and stabilize above 2520, and return to the trend channel. Below, we should pay attention to the previous low around 2380, where the support is also quite strong, near the overall consolidation low point of this rebound!
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ETH analysis: June 7, 2025 Daily Chart
