Today's Market Health Report
On June 26, Ethereum experienced a wave of rebound in the morning, followed by a whole afternoon of decline. The 1-hour K-line is currently in a consolidation phase with a breakout, but the breakout volume is not significant. Yesterday's analysis set long positions below 2400; today we take a small bite. Currently, Ethereum is approaching the resistance level above 2550, and we can lay out short positions around the 2550 line.
Technical Analysis Hourly K-line
MA: MA(6) has broken below MA(30), short-term momentum is weakening, medium-term remains volatile, and long-term downward signs have not changed.
MACD: DIF is close to the zero axis, green bars are shortening, bearish strength is weakening but there are no signs of a bullish reversal.
RSI: RSI value is in the neutral zone, the trend is stable, buying and selling power is balanced but lacks a trend direction.
BOLL: BOLL bands are contracting, prices are oscillating around the middle track, and reduced volatility shows market wait-and-see sentiment.
Volume: Trading volume is sluggish, market participation is weak, and a trend breakthrough still needs to observe volume release.
Operation Suggestions
Short Ethereum 2540-2570
Stop Loss 2580
Target near 2450