6.19 Ethereum early morning market analysis and operation ideas

The Ethereum short position ideas given at noon today also reached the target point again. From the perspective of daily technical indicators, the KDJ technical indicators and MACD technical indicators still maintain a downward structure, and the BOLL technical indicator is in a downward weakening stage. At the same time, the MA5-day moving average and the MA10-day moving average still maintain a resonance decline. The current currency price is also stabilizing below the MA three-day moving average and is in a short position. From the perspective of daily technical indicators, the short-term decline trend is very strong, so the operation ideas in the early morning remain unchanged, and rebound shorting is still the main focus

From the 4-hour technical indicators, the three lines of the KDJ technical indicator turned downward, the DIF and DEA technical indicators in the MACD technical indicator showed a dead cross at the bottom and fell in large volume, and the ultra-short-term BOLL technical indicator was running close to the lower track area. At the same time, the high point MA30 daily moving average continued to weaken, so the operation idea in the early morning remained unchanged. It is recommended to still focus on rebound shorting. The support below can be referenced to the 3378-3320 area. If the short-selling force below breaks through this area, the currency price will continue to fall and rush to the weekly support level, 3153-3027.

Ethereum: Short position around 3430-3465, stop loss: 3523, target: 3360-3320

Bitcoin: Short position around 64800-65300, stop loss: 66000, target: 64000-63600#BTC #ETH $ETH