6.28 Crypto Circle Mr. Coin: Ethereum (ETH) Market Analysis Reference

The intraday market for Ethereum continues to show a volatile pattern, with bullish sentiment weakening. Although the morning market touched around 2480 and showed a rebound, the subsequent upward momentum was not strong, and after being blocked, it entered a high-level consolidation. During the day, it was expected to be blocked around 2560 and has since retreated, currently trading near the 2400 level, with both bulls and bears in a stalemate, showing no obvious breakout signs, so operations are not recommended to enter blindly.

Looking at the short-term 4-hour chart, the Bollinger Bands have started to flatten out, with prices near the middle and lower bands. Currently, the market is in a stalemate between bulls and bears, so it is more prudent to wait for support and resistance levels to be reached before considering entering. Ethereum's current trend has entered a broad oscillation rhythm, with resistance above at 2465 and support below at the 2380 level. The operational suggestion is to focus on short positions before breaking the upper resistance, and for short-term strategies, one can grasp the range of high shorts and low longs.

6.28 Ethereum Short-term Reference:

Lower entry point 2455-2505, stop-loss at 2650, stop-loss: 50, target below 2410,

Upper entry point 2325-2375, stop-loss at 30 points, target above 2400,

There may be delays in article transmission, and strategy suggestions are for reference only. The market is ever-changing, and regardless of how accurate the market judgment is, always ensure to have proper take-profit and stop-loss measures in place, securing profits #ETH #ETH🔥🔥🔥🔥🔥🔥 #BTC #香港加密概念股