6.22 Evening Analysis of Second Cycle

The second cycle experienced a waterfall-like drop to around 2212 at 5 AM, followed by a counterattack from the bulls, resulting in a wave rebound, but the upward momentum was limited and halted near 2310. Throughout the day, there was continuous consolidation with limited trading volume, failing to break through. Just this evening, the bulls organized another offensive, but unfortunately, selling pressure restrained the movement at the resistance level of 2287. The MACD is operating below the zero line, indicating a continued bearish trend.

Range between 2287-2310. Target around 2220-2200. If you're more aggressive, you can set the take-profit point at 2120. #eth $ETH