Ethereum's strong rebound has not broken the trend line, with significant pressure at 2460-2480; geopolitical drivers need caution!
Regarding Ethereum, continuing yesterday's viewpoint, this rebound is very strong, but it has not yet broken through the trend line and has not returned above it. Therefore, the current pressure is at that trend line, which has slightly moved up over time. Next, focus on the range of 2460-2480!
At the same time, the main reason for this increase is based on news of a ceasefire in the war. However, this is not a long-term positive push, and if war breaks out again, the market will fall again. Therefore, current operations need to be more cautious, choosing key positions to enter the market while setting proper stop losses!
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ETH Viewpoint Analysis: June 24, 2025 Daily Chart
