Ethereum Market Trend Analysis 20250626
Bitcoin is rising, but Ethereum has not followed suit, which means that funds are concentrated only on Bitcoin, and there is still a significant divergence in the funds on Ethereum, with no consensus formed.
The daily line shows a small bearish candlestick with short upper and lower shadows resembling a doji pattern, and the trading volume is about a quarter less than the previous day, indicating a contraction and oscillation pattern.
The withdrawal MA30 line is still in a slight downward trend, and the MACD shows a weakening downward momentum near the zero axis. If we see a bullish candle in the next couple of days, then the MACD will form a golden cross, leading to a wave of upward movement.
The price is still operating below the daily MA30 line, and after being suppressed by the lower edge of the red box during the upward movement, it has formed a small downward adjustment on the hourly level.
It is important to note that when Bitcoin falls, Ethereum will definitely follow; only when Bitcoin oscillates at a high level does Ethereum have a chance for a rebound. Therefore, how it moves specifically still depends on Bitcoin.
The daily level resistance is at 2550-2690-2730, and the support level is at 2120-2000-1860.