From a monthly perspective, the update closing for June shows that Ethereum is above the five-day moving average. The MA30 and MA10 moving averages are resonating upwards, and the current main K coin price is closely following the MA30 moving average. However, there is a gap with the MA5 (the same situation is present in the BTC market; although June continues to close strong, the increase in the five-day moving average has not accelerated, leading to the formation of a technical gap). There is also a risk of a downward correction to fill the gap within the month, but after the correction is completed, it is highly likely to continue strengthening, especially since currently, aside from the appearance of the gap, other technical indicators are performing quite positively.

From a weekly perspective, the current KDJ and MACD continue to trend upwards with volume, while the BOLL overall continues to decline; in the main chart, the MA5 and MA10 have moved significantly upwards this week, but the MA30 moving average high point continues to exert pressure. This indicates that there is still strong selling pressure above. The key focus in the short term is whether the pressure in the 2700-2760 area can be effectively broken. If the short-term cannot break through the pressure level, then the monthly gap filling will soon begin. If it breaks through, the month will continue to strengthen, and the monthly MA5 may actively turn upwards for correction.

From a daily perspective, the current KDJ and MACD are crossing downwards and moving lower, while the BOLL continues to narrow and oscillate (today it is expected to remain around 2500 for adjustment); in the main chart, the MA5 and MA10 moving averages are oscillating downwards, but the MA30 below is continuously strengthening as support. Overall, Ethereum is likely to oscillate between the MA5 and MA30 moving averages (in simpler terms, there is no market movement). After the oscillation ends, the direction of Ethereum is expected to continue moving upwards, with key resistance still near the weekly MA30 moving average (in the 2700-2760 range).

Summary: In terms of today's short-term, Ethereum is mainly oscillating sideways in a box pattern. After waiting for the oscillation to end, Ethereum will continue to move upwards. The key resistance for this week's high point is still in the 2700-2760 area. Support is in the 2320-2420 area!#ETH🔥🔥🔥🔥🔥🔥