Ethereum $ETH (Thursday, June 12) Market Analysis:

Naked Eye K-line Analysis: The 4-hour and daily moving averages have turned into a death cross, while the 8-hour, 12-hour, 3-day, and weekly moving averages are in a golden cross, indicating that the overall market remains bullish.

Upper Resistance: 2800, 2880, 3000

Lower Support: 2725, 2680, 2580

Suggested Strategy within 12 hours:

Long Position: Ambush around 2680-2725

Take Profit Target: 2800-2950

Short Position: Attempt around 2950

Take Profit Target: 2680-2580

Remember to set stop-loss based on personal circumstances.

~ The above views are for reference only. Build positions rationally, manage your holdings well, do not be greedy, do not cling to trades, and do not hold positions unnecessarily {~.~}

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