Ethereum is brewing a rally on June 2, and it is time to go long today

May was the highlight of Ethereum. Now that June is here, Ethereum is starting to keep a low profile? Not really, it is just brewing and waiting for the right time. Before the big range comes out, Ethereum is still adjusting again and again. The timing and position of transactions need to be adjusted according to the performance of the market. There are basically no problems with the transactions in the past few days. We will grab back and forth within the range. Weekend view: Ethereum is short-term oscillating and more, and the MACD histogram has turned from negative to positive, showing signs of increased bullish power. The RSI value is 55.08, which is in the neutral to strong area and has not yet entered the overbought range, with further upward space. In terms of operation, look at the rebound first, and wait for this short-term rebound to be in place before taking short positions at high levels.

Operation strategy:

1. Long at 3780-3800, stop loss below 3750, target 3850-3880, break above to see around 3920-3960

2. Short at 3950-3910, stop loss above 3980, target 3850-3810#ETHETFsApproved