Ethereum Market Trend Analysis 20250609

The weekly chart currently shows a small bearish candle in the shape of a doji, with trading volume remaining basically flat compared to the previous week. In recent weeks, there has been a slight and continuous decrease in volume.

The weekly MA30 line is still in a downward trend, with prices rebounding to the MA30 line in the last three weeks and then experiencing declines, failing to break through effectively.

The weekly MACD, after a long time below the zero line, is beginning to return to the vicinity of the zero line, but it is still some distance away, showing a slow and steadily increasing upward momentum.

In the short term, the weekly trend is still influenced by Bitcoin; if Ethereum does not rise, it is difficult for altcoins to perform well. The weekly level must effectively break through the pressure of the MA30 line, stand above it, and stabilize in order to open up upward space.