6.26 Ethereum early morning market analysis and operation ideas
Ethereum also had a small rebound tonight, with the highest point reaching around 3423. The current price of the currency is running at 3400 and fluctuating in a narrow range. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator are both in a downward stage, and the short energy column continues to shrink. The BOLL technical indicator has not shown obvious signs of a downward opening, which indirectly shows that the decline of Ethereum has weakened. At the same time, the MA three-day moving averages are all in a downward arrangement, which also shows that the upper pressure is relatively strong.
From the perspective of 4-hour technical indicators, the three lines of KDJ technical indicators turned upward, while the MACD technical indicator was in a state of continuous short-term shrinkage. Although the entire track of the ultra-short-term BOLL technical indicator was in a downward state, the coin price rebounded to the area near the middle track. At the same time, it should be noted that the current coin price has stabilized on TD9 and is trying to stabilize above the MA5 daily average line, so the thinking will be adjusted in the early morning and early morning. It is recommended to focus on retracement and long positions.
Ethereum: Long positions near the 3400-3365 line Stop loss: 3336 Target: 3460-3500
Bitcoin: Long positions near the 61500-61000 line Stop loss: 60300 Target: 62300-63000#BTC #ETH $ETH