6.25 Ethereum early morning market analysis and operation ideas

Today, Ethereum has been in a negative trend. After a round of pinning at noon, the price of the currency quickly rebounded to around 3200. The current price is also fluctuating around 3280. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator are still in the stage of short-term resonance and large-scale decline. The MA three-day moving averages are all falling in varying degrees. At the same time, the BOLL technical indicator is running in the lower track area and continues to press down. The current price of the currency is running near the lower track. From the perspective of the daily line, the trend is biased towards the short side to a certain extent.

From the 4-hour technical indicators, the three lines of the KDJ technical indicators turned downward, the DIF in the MACD technical indicator crossed downward to form a bottom cross short volume, and the ultra-short-term BOLL technical indicator continued to open downward. From the current point of view, the ultra-short-term price of Ethereum stabilized below 3300, then the price will continue to drop to 3135-3056. Therefore, the operation ideas in the early morning and early morning remain unchanged. It is recommended to continue to rebound and short.

It should be noted that the monthly lines of Bitcoin and Ethereum have closed negative at the same time, and the red TD1 down signal has been stabilized at the same time. #BTC #ETH $ETH