【$eth】2025.6.16

The sudden strengthening of $eth, where can we see it go? The most critical resistance at the moment is the 2650 line. If this is effectively broken, the next level we will see is 【2675-2695】, and this area will likely cause a small price adjustment. But, the premise is an effective breakthrough of the 2650 line; otherwise, there will be a slight pullback around 2650. But this is a minor issue; if we encounter an adjustment early, it's still the same statement: an opportunity presented at our doorstep. Currently, what can cause a price crash is uncontrollable factors that directly disrupt the existing price trend, which can only be negative news, and it must be significant negative news. For example, if one country starts fighting another, this does not refer to Israel and Iran; it must be a new conflict. The situation between Israel and Iran, even if the conflict escalates, won't have a fatal impact on prices anymore. As of now, I believe that a new conflict is the only thing that could directly impact the market, causing it to turn down and disrupt the existing upward oscillation structure.

In the short term, the key support area is 【2580-2600】. If today, the 2580 line is violently breached, it may be a bit dangerous. Whether there will be some negative news to accompany that is anyone's guess. Based on the current trend, I can only look on the bright side.

In summary, the current rebound of $btc is quite beautiful, and $eth is in a correlated state. As long as there is no sudden significant negative news, $eth will continue to catch up.