1. Daily line level analysis: Stabilizing rebound, breaking through the previous night
K-line pattern: Yesterday (June 8) a strong bullish line closed, successfully breaking through multiple EMA resistance;
Moving average structure: EMA7 crosses above EMA20 and EMA50, forming a short-term bullish arrangement, the 200-day moving average still exerts some pressure;
Bollinger Bands: The band shows slight signs of opening, price is moving towards the upper middle track, possessing further upward momentum;
MACD indicator: Golden cross running upwards, momentum bars expanding, confirming the rebound trend;
Alligator system: The alligator's mouth is beginning to open, indicating that the market is entering a predatory phase.
Daily line structure is relatively strong, yesterday's bullish line laid the foundation for a rebound, if today can maintain above 2.22, it is expected to challenge the 2.30-2.32 area.
2. 4-hour line analysis: Short-term retest confirms support, brewing the second wave of attack
K-line pattern: Two small bearish K-lines appeared for adjustment, but the volume has shrunk, which is a healthy adjustment;
Moving average system: EMA7 and EMA20 continue to form a bullish arrangement, price retests near EMA7, no bearish engulfing occurred;
Bollinger Bands: The upper track is turning upwards, the middle track support is effective, currently retesting near the middle track;
MACD: The golden cross slightly shrinks after expansion, still not turning green, suggesting momentum is temporarily paused but the trend has not reversed;
Alligator: The mouth remains open, currently only a short-term consolidation.
The retest is healthy and reasonable; if it does not fall below 2.22, it will continue to challenge the resistance above 2.30.
3. 1-hour line analysis: Structure is good, pay attention to key support
Moving average system: EMA7 has just retested EMA20, short-term moving average bullish structure remains intact;
Bollinger Bands: The middle track support has been reached, price may oscillate and accumulate strength in this area;
MACD: A death cross has appeared, but the momentum bars are shrinking, and there are no obvious short-selling signals;
Volume: The volume has shrunk in the last two hours, with no significant retreat from the main force, possibly a washout action.
Short-term adjustment is expected to gain support in the 2.22-2.23 range, and after confirming effectiveness, will welcome a short-term explosion.
Operation suggestion (ETH June 9 suggestion):
Opening position: 2.24
First Zhi Ying: 2.28
Second Zhi Ying: 2.32
Zhi Loss position: 2.21
