📍#ETH Technical Analysis (2025/06/12)

In the response to the three peaks pressure, bulls are starting to exit. Are bears ready to counterattack? The key ranges are as follows:

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【Daily 1D】

Trend: Signs of bears entering at the left side of the three peaks position, continuous declines over the past two days, with a chance to initiate a bull retracement.

🔹 Long Position:

🛑 Stop Loss: 2381 (break below this can go short)

🟢 Add Long: Initial support 2652, best 2571, major support 2538, final support 2488

🚀 Breakout to Add Long: 2880

🎯 Take Profit: 3186, 3684, 4182

🔻 Left Side Short Position:

🛑 Stop Loss: 3135 (breakout can go long)

🟢 Add Short: Three peaks ✅2834, final pressure 2973, best 3067

🚨 Breakout to Add Short: 2381, 2323

📌 Additional Notes:

- RSI is neutral but slightly high, not yet overbought but showing stagnation

- MACD histogram is starting to converge, bullish momentum is weakening

- DMI shows ADX is low, no clear stance from bulls and bears yet, but +DI's high rebound may be coming to an end

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【4 Hours 4H】

Trend: Long position moved stop loss is swept out, adding short successfully, with a chance to prepare for a retracement to lower support.

🔻 Short Position:

🛑 Stop Loss: 2880 (breakout can go long)

🟢 Add Short: Major pressure 2797, best final pressure 2827, last 2850

🚨 Breakout to Add Short: 2743

🎯 Take Profit: 2660, 2524, 2389

📌 Additional Notes:

- MACD has a death cross, and the histogram is deepening negatively

- RSI is starting to fall back

- DMI indicator ADX is acceptable, but -DI is beginning to rise in conjunction with the death cross, a bearish trend is brewing

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【1 Hour 1H】

Trend: Long position moved stop loss is swept out, adding short successfully, short-term bias is bearish, waiting for the lower support reaction.

🔻 Short Position:

🛑 Stop Loss: 2880 (breakout can go long)

🟢 Add Short: Major pressure 2797, best final pressure 2827, last 2850

🚨 Breakout to Add Short: 2743

🎯 Take Profit: 2660, 2524, 2389

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【Operation Summary】

📌 Long Position: Currently, all time frames indicate a long position retracement, need to wait for new support confirmation before entering

📌 Short Position: Response to the three peaks structure, short-term adding short successfully, focus on whether 2743 officially breaks

📌 Suggestion: Consider entering short positions in batches, maintaining stop loss at 2880, short-term target for retracement 2660～2524

📤 Share with friends who haven't entered yet, let them know about this bearish layout point!