6.13 Ethereum midday market analysis and operation ideas

During the early morning of today, the price of Ethereum fell back from around 3650 to around 3480. Regarding the door-drawing and V-reversal that appeared in the early morning, it is obvious that the dealer is washing the market. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator are in a state of short-term shrinkage, and the BOLL technical indicator is in a state of small shrinkage. At the same time, the MA5-day moving average and the MA10-day moving average are working together to press down, but the decline continues to weaken, and the MA30-day moving average has increased. At the same time, the recent bullish trend of Bitcoin is stronger than that of Ethereum, so the operation idea is still recommended to focus on retracement and long positions

From the perspective of 4-hour technical indicators, the technical gap caused by the rise of Bitcoin and Ethereum yesterday was filled in the early morning of today. The KDJ technical indicator and the MACD technical indicator are in a state of shock and flatness, and the ultra-short MA30-day moving average continues to press upward, so the operation idea for today's noon and evening is still recommended to focus on retracement and long positions

Ethereum: split positions around 3500-3475 Stop loss: 3445 Target: 3560-3630

Bitcoin: Long positions around 67500-66800 Stop loss: 66300 Target: 68300-69500#BTC #ETH $ETH