📍#ETH Technical Analysis (2025/07/06 Evening)
ETH is consolidating in a tight range around 2.52K, with EMAs and Bollinger Bands contracting. Watch for a decisive break or reactive pullback.
---
Period: 1H
Trend: Consolidation. EMA9/21 are intertwined with the 200 EMA, and the Bollinger mid-band is capping price. Volume is low. Await breakout or pullback confirmation.
🔹 Long Position Info:
🛑 Stop Loss: 2,495 (break shifts to bearish)
🟢 Add Long: 2,516 (not triggered)
🚀 Breakout Entry: 2,620
🎯 Take Profit: 2,741, 2,859
---
Period: 4H
Trend: Small Bear. EMA9 has crossed below EMA21 and price remains under the 200 EMA. RSI is below 50 and MACD bullish bars are shrinking, favoring bears.
🔻 Short Position Info:
🛑 Stop Loss: 2,620 (break shifts to bullish)
🟢 Add Short: 2,516 (not triggered)
🚨 Breakdown Entry: 2,283
🎯 Take Profit: 2,067, 1,946
---
Period: 12H
Trend: Small Bull. EMA9/21 remain golden-crossed above the channel midline. The longer-term bull structure is intact.
🔹 Long Position Info:
🛑 Stop Loss: 2,283 (break shifts to bearish)
🟢 Add Long: 2,517 (triggered)
🚀 Breakout Entry: 2,620
🎯 Take Profit: 2,741, 2,859
---
Strategy Summary
Recommendations:
1. On the 1H, consider small longs in the 2,495–2,516 zone with a stop at 2,495; add more on a break above 2,620.
2. On the 4H, maintain a bearish bias—scale into shorts in the 2,516–2,620 area, stop at 2,620; target 2,067/1,946.
3. On the 12H, the bull structure remains intact—use pullbacks to 2,517 for entries, stop at 2,283; on a break above 2,620, lock in targets at 2,741/2,859.
4. Employ strict stops, scale entries, and trade with the trend. Patience is key for confirmation.