6.11 Ethereum midday market analysis and operation ideas

Ethereum price rebounded to around 3720 in the early morning today and then began to fluctuate and fall. From the perspective of daily technical indicators, KDJ technical indicators and MACD technical indicators showed a dead cross and short-selling volume, and the BOLL technical indicator did not open downward, but the decline in the early morning and early morning caused the current price to fall below the MA5-day moving average and the MA10-day moving average. At the same time, the high point MA30-day moving average continued to weaken, but did not produce linkage with the shorts, on the contrary, it fluctuated downward. From the overall technical indicators of the daily line, the daily technical indicators have room for decline and volume

From the perspective of 4-hour technical indicators, KDJ technical indicators and MACD technical indicators showed a bearish shock and decline, while the ultra-short-term BOLL technical indicators were running in the middle track area and slowly moving downward. The DIF and DEA technical indicators cooperated to suppress. At the same time, the price of the currency fell below the 3600-line mark in the early morning of today, so the overall trend and operation ideas have changed to a certain extent. For the operation ideas at noon and evening today, it is recommended to focus on rebound shorting.

Ethereum: Shorting at the first-line near 3560-3595. Stop loss: 3633. Target is 3500-3460

Bitcoin: Shorting at the first-line near 67800-68300. Stop loss: 68700. Target is: 67000-66600#BTC #ETH $ETH