6.21 Ethereum early morning market analysis and operation ideas

Today, the price of Ethereum rose to around 3625 and then fell under pressure from the middle track. From a technical point of view, the pressure from the middle track of the daily BOLL technical indicator is relatively strong. From the perspective of the daily technical indicators, the current price has fallen below the MA5 and MA10 daily averages, and there are signs of a slight downward trend. From the comprehensive perspective of the daily line, the price of the currency is likely to continue a new round of retracement and repair.

From the 4-hour technical indicators, the KDJ technical indicators and MACD technical indicators are in a state of long-term shrinkage, the ultra-short-term BOLL technical indicators continue to rise and weaken, the MA5-day moving average and the MA10-day moving average continue to weaken, and the MA30-day moving average continues to fall and suppress. From a comprehensive technical point of view, the high pressure level during the day is too strong, resulting in this round of sharp decline in the evening. During the day, the bulls failed to stabilize the upper pressure level. So our operation ideas in the early morning and early morning are expected to fluctuate and fall.

Ethereum: short positions near 3520-3555, stop loss: 3600, target: 3460-3400

Bitcoin; short positions near 64800-65300, stop loss: 65800, target: 64000-63600#BTC #ETH $ETH