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6.20 Evening Market Overview: ETH Breaks Support Level, Both Bulls and Bears Take Hits

The 2514 support level has been breached, with a large bearish candle indicating a significant drop. Those who didn’t enter short positions will have to miss this opportunity; yesterday's post mentioned that if 2514 is broken, enter long once it stabilizes, and if it breaks 2514, enter short accordingly; it's another round where both bulls and bears take hits.

Currently, the 4H support at 2483 is strong, and although it just missed touching it, it has already rebounded, indicating that buyers are stepping in to form a rebound. Waiting for the right side to break and stabilize above 2514 to enter long, with a stop-loss at 2472, targeting 2548 and 2585; if it breaks below 2483 without retracing upward, enter short accordingly, targeting 2465, with a stop-loss at 2496; left-side ambush short at 2548, with a stop-loss at 2585, targeting 2502 and 2473.

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