Crypto Circle Red Sister 6.23: Today's Latest Market Analysis and Trading Suggestions for Ethereum (ETH)! #比特币跌破十万美元 #加密市场回调 #以色列伊朗冲突 #ETH #ETH🔥🔥🔥🔥🔥🔥 $ETH
Understanding King ultimately couldn't control his hands, undoubtedly a troublemaker, causing the situation in the Middle East to worsen again, launching attacks on Iranian nuclear facilities during the day, but Iran did not retaliate against the US in time, instead continuing to bombard Israel. It seems there are wise people guiding behind the scenes; if they had directly retaliated against the US, the significance would have been different, allowing the US to feast on this fat piece of meat without hesitation. In such a tense situation, the crypto circle is no exception; one can look at history where international conflicts always lead to a sharp decline. Therefore, Red Sister has been continuously positioning for short orders;
The current price of Ethereum is nearly 2193, recently the price has fallen below several moving averages and has clearly breached the lower Bollinger Band, showing an overall downward trend. The current decline is approaching the MA120 position on the daily K chart, and in the short term, market sentiment is dominated by bearish forces. If the price continues to break below the key support level of 2140-2100, it may trigger further declines; conversely, if the market rebounds from the oversold area, a short-term adjustment may occur. Red Sister suggests that the current market downward trend has not shown obvious stabilization signals, so long positions should be cautiously entered. Short investors can continue to hold positions, and those not yet in should wait for the price to approach the key resistance level to find entry opportunities. For bulls, it is recommended to remain on the sidelines and pay attention to potential stabilization rebound signs before intervening, with a focus on risk control in the short term; MACD shows a dead cross pattern, with red bars continuing to increase, indicating bearish dominance in the market, attention should be paid to whether the negative bars slow down. In RSI, the three lines are close to the oversold area without signs of turning, indicating further downward space remains. In KDJ, the J value is close to 0, and there are no strong rebound signs in the oversold state, indicating that rebound momentum remains weak. In BOL, the K line has already broken through the lower track, and the Bollinger Band is expanding, with a high probability of continuing to lean bearish. MA and EMA are densely formed at the middle track position, and there is an intention for short-term moving averages to decline, while long-term moving averages exert pressure, which may continue to exacerbate the market weakness.
Today's ETH Trading Reference:
Sell point: ≥2200 short, stop loss 2300; take profit 2160-2110; breaking below 2100-2080 can continue to hold below 2050;
Buy point: ≤2050 long, stop loss 1995; take profit 50-100 points; do not be too greedy when going against the trend!
