$ETH
๐ Brief Analysis $ETH/USDT โ June 13, 2025 ๐
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.
๐ 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.
๐ Conclusion: It is currently more suitable to wait and see or monitor short-term short opportunities. Always ensure to use wise risk management.