Ethereum Market Trend Analysis 20250622

The hourly trend is synchronized with Bitcoin, but the magnitude of the decline is greater than that of Bitcoin, and the speed of the decline is also much faster.

The daily line shows a long bearish candlestick with upper and lower shadows, and the trading volume is about three-quarters of the previous day, still maintaining normal trading volume.

The daily MA30 line is turning down, and the MACD continues to show an increasing bearish momentum.

The price rapidly dropped, reaching around 2216, briefly breaking through the 2320 level we mentioned yesterday, and then quickly rebounded back to around 2300. There will still be hourly rebounds, returning above 2320, leading to a period of rebound and upward trend.

The lower edge of the red box and the daily MA30 line have changed from support levels to resistance levels. Short on rebounds at highs; as long as Bitcoin's adjustment has not ended, Ethereum will still not perform very well.

Daily resistance levels are 2450-2560-2680-2770, support levels are 2200-2150-2000-1860.