Yesterday's review (June 6)
ETH rebounded strongly yesterday, successfully standing above 2430, touching 2485 during trading. The overall trend shows a typical V-shaped recovery + bullish support structure, especially after the early session induced a short squeeze down to the 2400 area, followed by a rapid rise and maintaining high-level fluctuations throughout the day, indicating that market bullish sentiment is strengthening.
Market sentiment shows signs of recovery, bearish momentum has been fully released;
On-chain active addresses have slightly increased, with a small inflow signal from major wallets;
The technical aspect combined with yesterday's K-line forms a strong combination of a bottom-finding doji star + bullish engulfing.
Multi-period technical analysis (June 7)
Daily level: clear bottom structure, rebound space expected to continue opening.
Daily K has closed with two consecutive bullish candles, and is above EMA7 and EMA13, with short-term moving averages starting to turn up;
BOLL channel slightly converging; the current price is about to test the middle band (2515) resistance;
RSI has risen to the 45 central zone, with further upward space available;
MACD preliminary golden cross, bearish momentum significantly exhausted.
Daily level reversal is preliminarily established, continuing to look towards the rebound target of 2520-2600.
4-hour line: bullish continuation pattern, structure is healthy.
K-line stabilizes above EMA20, and the EMA system is about to arrange for bullish;
MACD maintains golden cross divergence, momentum bars have increased moderately, indicating sustainability of the rise;
Bollinger middle band coincides with the price; if it can break and stabilize above 2500-2520, it will trigger a second wave of rise;
After a small pullback, it rises again, exhibiting a healthy step-up pattern.
In a strong accumulation phase, 2515 is a key breakthrough point; if it stabilizes, the target will be 2600.
1-hour line: consolidating and accumulating, short bullish structure is good.
The current price is near the upper edge of the short-term range 2450-2490;
The EMA system has formed a standard bullish arrangement, with obvious moving average support;
RSI is approaching 70, but is not yet overheated, still possessing upward momentum;
The hourly chart shows three consecutive bullish candles, with no obvious signs of volume stagnation. Short-term momentum is building; if it breaks above 2495 and stabilizes, it will trigger an accelerated trend.
Precise practical advice (June 7, 2025)
Opening position: 2471.66
First Zhi Ying: 2509.67
Second Zhi Ying: 2550.23
Loss position: 2432.38
