June 19th Ethereum Morning Analysis
According to yesterday's analysis, we reached the target points.
From a technical perspective, MACD and KDJ are diverging downwards at low levels, with bearish strength prevailing;
The hourly chart is trending downwards with short-term trend being bearish.
In terms of operations, it is recommended to focus on short positions, and look for shorting opportunities near the resistance level of the moving averages during rebounds.
Short Ethereum around 2550 - 2530, with a target of around 2480-2450, and each should strictly manage their stops.
