$ETH

๐Ÿ“‰ Brief Analysis $ETH/USDT โ€“ June 13, 2025 ๐Ÿ“ˆ

ETH has just experienced a significant correction of up to -7.16%, trading at $2,545.85. From the chart, it appears that the price is below MA60, indicating that the short-term trend is still bearish.

๐Ÿ” Technical indicators:

MACD shows momentum starting to reverse, with the histogram beginning to shrink, although the DIF line (-1.69) is still below DEA (-2.33).

RSI (6) is at 66.70, approaching the overbought area.

Stoch RSI even touched the level of 100, which could indicate a potential reversal in the near future.

Trading volume has also increased, reinforcing the signal that the market is active. However, with the Stoch RSI indicator in overbought territory, there is a possibility of a slight correction in the near term.

๐Ÿ“Œ Conclusion: It is currently more suitable to wait and see or monitor short-term short opportunities. Always ensure to use wise risk management.