Ethereum Market Analysis Reference on June 13th

Time flies, every day analyzing points, suddenly looking back, quite a few days have passed.

Yesterday once again validated the market trend and direction, the points given also successfully made a profit. Today is Friday, and we need to be cautious about the market again.

From 1 AM to 4 AM, the market is currently in a bearish trend, and we need to pay attention to the two positions 2755 and 2737. Only if there is a rebound and it stabilizes will Ethereum rebound upwards; otherwise, short positions will dominate the market. If the 4-hour candlestick does not break the 2625-2635 range, one can take a long position, with the take-profit target around 2650-2675.

Support Levels: 2705-2715, 2655-2665, 2575-2585

Resistance Levels: 2890-2900, 2925-2935, 2975-2985