Ethereum Market Trend Analysis 20250611

The hourly trend is obviously much stronger than the older brother. After a brief drop during the day, it has maintained a fluctuating upward trend.

The daily line shows another large bullish candle, breaking through the upper edge of the red box area, with trading volume twice that of the previous day, indicating a breakout with increased volume.

The daily MA30 line continues to maintain an upward trend, and after returning to the zero axis above the MACD, a golden cross of the fast and slow lines has appeared, indicating that the rebound at the daily level is effective, and the upward momentum is still present. The next target is to challenge the 2960-3060 area.

The daily level resistance levels are 2960-3060-3240, and the support levels are 2730-2580-2350-2200-2130.