Cryptocurrency Report on June 27: Today's Latest Ethereum (ETH) Market Analysis and Trading Recommendations! #币安Alpha上新 #下一任美联储主席人选 #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH走势分析 $ETH
The current price of Ethereum is around 2420, and recent prices have shown a downward trend with fluctuations. The current price is operating near the middle band of the Bollinger Bands, with market momentum being relatively weak. In the short term, the market may enter a phase of consolidation or continue to test critical support levels. On one hand, the bottom formation and doji in the candlestick chart may indicate a short-term rebound, but indicators such as MACD, KDJ, and RSI show that market momentum is gradually weakening, with selling pressure prevailing. The narrow operation of the Bollinger Bands further indicates that the current market direction is not clear, but the downward pressure is quite significant. It is advised that investors who hold short positions can reduce their positions and wait for a potential rebound if the price drops to 2350 and forms effective support. For short-term high short strategies, lightly short when the price approaches the resistance level around 2490, with a stop-loss above 2520. From a medium to long-term strategy perspective, the current market momentum is weak, and it is recommended to avoid blind bottom-hunting operations, waiting for clear rebound signals or indicator divergence before making moves. Overall, it is advisable to closely monitor the performance below the 4H Bollinger Bands lower support level of 2353 and the further changes in the KDJ and MACD indicators, avoiding chasing highs or bottom hunting within the fluctuation range. Recently, doji patterns have frequently appeared in the candlestick shapes, indicating too much uncertainty in the market; the formation of bottom formations at support levels may indicate a short-term rebound; the 'dark cloud cover' near key resistance levels indicates an increased risk of pullbacks. In the KDJ, the three lines are diverging downward, with the J value approaching the oversold zone, but a complete rebound signal has not yet formed, with short-term momentum leaning toward the bears. In the MACD, the DIF and DEA lines are close to forming a death cross, and the shortening green bars indicate weakening bullish strength, potentially entering a pullback in the short term, similar to Bitcoin, which needs to defend against a strong downward spread after forming a 4H death cross. In the RSI, the main line is in a neutral to low area, not entering extreme zones, and the weakening momentum indicates neutral to weak market sentiment. The BOLL shows a narrowing channel with small fluctuations, recommending a cautious wait for opportunities.
Sell Point: ≥2485 short, stop-loss at 2525; take profit at 2410-2355; if breaking below 2350-2320 critical support can be retained;
Buy Point: ≤2355 long, stop-loss below 2300; take profit at 2400-2475; if breaking above 2480-2500 can be retained up to around 2550; need to defend against the formation of death cross, strong support at the lower band can enter.