ETH direction: short

Analysis: Currently the monthly line closed with a positive enveloping negative, and the monthly line level is very strong. There is a high probability that it will fall sideways in June. The range of fluctuations will be 3700-3850. For intraday analysis, shorting should be done above 3800 points. Currently, there is a bullish structure at the 15-minute level. The long profit zone is 3805-3825. The radical party can enter the first position at 3805, cover at 3825, and cover again at 3850. The conservative party can enter the first position again at 3825, cover at 3850, and stop loss at 3865

 

Suggestion: Open a short position near 3810, target 3730-3720

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