6.18 Ethereum midday market analysis and operation ideas

During the early morning of today, the price of Ethereum rebounded to the 3575 line, and then fell under pressure, which is also in line with the rebound short-selling idea given in the early morning. The current price is running at the 3440 line for box-shaped oscillation. From the perspective of daily technical indicators, the KDJ technical indicator is in a state of oscillation and short-selling. The DIF and DEA in the MACD technical indicator are pressed down in coordination, and the short-selling form is released. The entire track of the BOLL technical indicator is running in the lower track area, and a small opening posture appears at the same time. The current Ethereum price is also running below the MA5 daily moving average, showing a red TD1 falling signal. At the same time, the MA5 daily moving average and The MA10-day moving average resonates downward, and the MA30-day moving average continues to weaken, so the operation ideas for lunch and evening remain basically unchanged, and rebound shorting will be the main focus in the future

From the 4-hour technical indicators, the KDJ technical indicator shows a dead cross short structure with large volume, and the MACD technical indicator is below the 0 axis and presents a bottom dead cross structure. The ultra-short-term BOLL technical indicator continues to weaken, and the ultra-short-term MA moving averages also fall in different degrees. Therefore, from the perspective of the comprehensive daily and short-term lines, today's trend is undoubtedly mainly rebound shorting

Ethereum: shorting in the area near 3440-3475, stop loss: 3517, target: 3380-3320

Bitcoin: shorting in the area near 65600-66000, stop loss: 66500, target: 64800-64000#BTC #ETH $ETH