It is now 8:20 PM, let's take a look at the market trend of Ethereum. The current Ethereum price is fluctuating around $2460, with overall volatility being relatively stable, showing no clear directional breakthrough yet. From the market perspective, the price dipped to $2445 at 6 PM but quickly rebounded, indicating that the support below is still effective, and market sentiment is relatively stable.
Key Support and Resistance Analysis
Currently, the important support level for Ethereum is around $2400, which has successfully held the price multiple times recently, forming a strong defensive zone. If the price retraces to the $2425-$2400 range and stabilizes this evening, it would be a good opportunity for a long position. The resistance above is concentrated around $2500; if it can break through with volume and stabilize, it is expected to open up further upward space.
End of the Month, Cautious Layout
Today is a critical time node for the June monthly closing, and the market may experience increased volatility. It is recommended to strictly set stop-loss levels, for example, placing the long position defense near $2350 to guard against sudden pullbacks. Although the current market has not shown a one-sided trend, the weekly levels of Bitcoin and Ethereum still present a bullish arrangement, and each pullback is a good opportunity to position for the lows.
Patience is Key, Go with the Flow
I remain optimistic about the bullish trend in July, but trading is not gambling, and patience is required. If a stabilization signal appears near the support level, one can gradually build positions; if the rebound lacks strength, continue to observe. Remember, being flexible and adaptable is more important than sticking to a strategy! The market is never short of opportunities, but what is lacking is a calm mind and decisive execution.
Brothers, I am Lao Liu, follow me and you won't get lost! Keep a close watch on the $2400-$2425 range tonight, take steady steps, and the July market is worth looking forward to! #MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税