Ethereum June 11th Market Analysis Reference

Yesterday's market overall met expectations, unfortunately, the short position at 2800 was slightly off by 2 points.

From 1 AM to 4 AM, we are currently in a bullish market, and we need to pay attention to these two levels: 2695 and 2590. This means that as long as these two levels are not broken on the pullback, we still expect to see oscillation upwards. If broken, we need to be cautious as the bearish trend may take over, and we should look for opportunities near support levels.

For the pullback in the 2680-2685 range, we need to pay attention to short-term long opportunities, first looking at the situation around 2696. If 2696 stabilizes, we will continue to aim for around 2713; otherwise, we should exit to take profits in a timely manner. (If 2653-2642 is not broken, we can enter this short-term long position)

Support Levels: 2650-2660, 2570-2580,

2525-2535

Resistance Levels: 2795-2805, 2825-2835, 2875-2885