6-21 Ethereum Analysis:

Ethereum is not a short structure compared to Bitcoin. It can only be said that it has made a wide range of fluctuations in the past. Whether it will fluctuate in a narrow range and then move out of the unilateral market in the future requires further observation.

I have told you to pay attention to the position of 3420 before, but if you place an order on the left side of this position, you will definitely be stopped directly. The position of 3420 has been falsely broken many times and then rebounded.

Yesterday, I also told you that you need to pay attention to the position of 3660 above. This position is a potential resistance point for Ethereum and a potential profit-taking position for bulls. However, it did not reach 3660 yesterday, but started to fall around 3630 without touching the bottom below.

The decline is not too large. At present, the short-term is just consolidating. It is not easy to do long or short at this position. Tomorrow is the weekend, you can consider going out to play. Of course, if you want to go short, you must choose Bitcoin first. Bitcoin is still relatively weak compared to Ethereum#ETH