6.17 12:54$ETH Trend Analysis

I. Trend Prediction

From the 15-minute level, the price surged to 2680 before significantly retreating. Although there was a slight rebound, the short-term moving averages (such as MA7) are still pressing down, and the overall situation is in a correction phase leaning towards bearish. If there is no rapid breakthrough of the short-term moving average pressure (currently MA7 is about 2600.61), it is likely to continue the oscillation and retreat; if it can break through the moving average pressure with volume, there may be a minor rebound, but the major trend needs to be confirmed with a larger cycle (such as 1 hour, 4 hours). Currently, the short-term bearish momentum still holds the dominant position.

II. Support Levels

1. First Support Level: 2524.00 (24-hour low price, previously supported and rebounded during the intraday decline, it is a key psychological and actual support in the short term).

2. Second Support Level: You can refer to the MA (99) moving average, currently about 2615.47. If the price effectively breaks below the first support, this position has some support reference in the past, but needs to be validated with real-time trends; additionally, from the intraday fluctuations, the 2550 - 2560 range can also be monitored as a possible minor support during the retreat.

III. Trading Ideas (High Risk, Strict Risk Control Required)

• Short Selling Idea (Cautious Reference, Need to Combine Real-Time Breakthrough Signals):

If the price rebounds to the short-term moving average (such as near MA7 2600.61) and faces pressure to retreat, and cannot break through the 2610 - 2620 range, you can try to short with a light position, setting a stop loss above 2625 (stop loss if breaking the short-term pressure), with a target first looking at 2550 - 2560, and if it breaks, look at 2524.

• Long Buying Idea (Need to Wait for Clear Signals):

If the price breaks through the 2620 - 2630 range with volume and stabilizes above the short-term moving average, you can try to go long with a light position, setting a stop loss below 2600, with a target looking at 2650 - 2680 (near the previous high); or wait for the price to effectively test the 2550 - 2560 support and show a clear stabilization signal (such as a volume bullish candle, indicator divergence), and then consider buying low, with a stop loss below 2524.

IV. Key Reminders

Cryptocurrency is highly volatile, strongly influenced by news (policies, industry dynamics, etc.) and capital flow. Always use stop losses and control positions (suggested light positions for trial, total position not exceeding 10%). At the same time, keep a close eye on the trends and volume changes of larger cycles (1 hour, 4 hours), and adjust strategies promptly in case of sudden good/bad news.