ETH 2-Hour and 15-Minute Analysis, June 20
The overall direction is a triangular consolidation, just touching the descending trend line and the resistance at 2567. The resistance expected yesterday was 2586, which is quite accurate.
At the current price, it has reached the short-selling zone due to the descending line and resistance location. An aggressive stop-loss is above 2567, while a conservative stop-loss is above 2586. If these two levels are broken, it will constitute a breakout of the trend line—simultaneously breaking the previous high, and it is expected to strengthen.
Long entry point: The recommendation is at the position of 2490, still valid, and the upward trend line. If it breaks below the upward trend line, it indicates weakness in the overall direction, with support around 2438.