6.29 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference

Ethereum's intraday market has maintained weak fluctuations, with a low bounce around the 2400 line. It has faced upward resistance near 2450 twice, and the current price is around 2430. The overall fluctuation pattern has not changed, but the short-term pullback strength has weakened. Subsequently, bullish sentiment has started to improve, but a short-term pullback signal has been given, and it is expected that the price will further test downwards. It is advised that all coin friends prepare in advance; it is not recommended to blindly chase long positions in the short term.

The overall trend of Ethereum maintains narrow fluctuations during the day, with strong resistance near 2460 above. There is a possibility of encountering pressure and pulling back again upon reaching this level, so please pay close attention. Support below is focused on the 2480 line.

6.29 Ethereum short-term reference:

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

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

There may be delays in article delivery, and strategy suggestions are for reference only. The market changes rapidly; regardless of how confident one is in market judgment, profit-taking and stop-loss measures must be in place for safety.