Ethereum $ETH (Monday, June 9) Market Analysis:
Naked Eye K-Line Analysis: The 4-hour and 6-hour moving averages have turned from golden cross to death cross, while the 3-day and weekly moving averages are still under the water in a golden cross. The daily market will still oscillate up and down in the short term and then spike; wash out the short positions first before going long. Currently, it is recommended to observe more and act cautiously.
Upper resistance: 2550, 2680, 2750
Lower support: 2480, 2450, 2350
Trading Strategy within 12 Hours:
Long Position: Ambush around 2450-2480
Take Profit Target: 2550-2650
Short Position: Try around 2680 (do not enter if less)
Take Profit Target: 2500-2480
Remember to set a stop loss according to personal circumstances.
~ The above opinions are for reference only. Build positions rationally, manage your positions well, do not be greedy, do not cling to battles, and do not hold positions ~