6.20 Ethereum Market Analysis

The recent trend of Ethereum is stronger than that of Bitcoin. It has performed better due to the recent good news, but it is still in a bearish trend from the current trend!

Since the rebound in the early morning yesterday, the increase of Ethereum has exceeded that of Bitcoin. The hourly line has formed 10 consecutive positives in the short term, which is relatively strong. After the adjustment from noon to night yesterday, it started to fluctuate upward again in the evening, and it fell back after a short-term surge around 9 o'clock this morning. It can be determined that the current rebound is nearing the end. Don't go long. A double top is formed in the short term! It is expected to fluctuate downward today! Rebound and short selling are the main ones!

For the cottage industry, pay attention to the Ethereum and AI sector currencies, which have risen significantly in the past two days!