#ETH 6 June 11 Market Analysis
Upper Resistance Levels: 2831 2852 2881
Lower Support Levels: 2773 2762 2734 (Aggressive Levels)
Relatively Safe Level: 2679
Today, we will see if we can break and hold above 2810 ~ If we hold, we can look further up
Lower support will see if it breaks below 2734 ~~ If it breaks, the market will weaken
The risk lies in the 1-hour time frame top divergence ~~ and returning to demand
If it retraces and does not break, continue to look bullish ~~
If it breaks and rebounds without breaking the previous high ~~ the market turns bearish
On the daily chart, even pay attention to whether the MACD golden cross can be maintained ~~
If it breaks below the small support at 2788