The downward trend line below ETH2460 is precarious, with 2380 being the line of life and death for bulls and bears!
Ethereum still hasn't been able to break through the high point of 2520 and has started to run around the downward trend line near 2460, feeling like it could break down at any moment! Plus, Bitcoin also seems to be in a precarious state right now, and overall the market situation isn't very good!
In terms of trends:
The E-Guard still hasn't been able to make the bears tremble; the small scale can still be seen as oscillating. Pay attention to the support at the bottom of the oscillation range at 2380; as long as this support isn't effectively broken, there isn't much of a problem. Once it breaks, it may lead to another wave of downward trends! Focus on the short-term resistance at 2520 above, which has not been able to break through despite several attempts.
Suggestion: The short-term uncertainty is relatively high; it is recommended to wait for confirmation of the breakout direction before taking action.
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ETH Analysis: July 1, 2025 Daily Chart
