Cryptocurrency Academy: On June 16, Ethereum's long-short conversion, understanding the trend is key to securing victory! A pullback is an opportunity, latest market analysis and reference suggestions.

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21 hours ago

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Scholar in the cryptocurrency circle: June 16, 2025 Ethereum (ETH) latest market analysis reference

The current price of Ethereum is 2545. It is now 1:30 AM Beijing time. First, let's look at the big picture. Ethereum has closed above 2500 for five consecutive weeks since May 10, and there have been long upper and lower shadows, with each fluctuation becoming larger. This volatility indicates that the previous weeks have driven the market's recovery sentiment. The more it breaks previous highs, the less impact it will have on market sentiment. At that time, whether the main force stretches or plunges will naturally follow the trend. What we need to do is to avoid any complacency; safety and risk control must always come first.

Before the publication, the daily K-line reached a high of 2555 and a low of 2507. The EMA30 trend at 2525 has formed a dense area. The MACD has been continuously reducing volume and increasing positions. The DIF and DEA are still expanding at a high level. The K-line short-term cycle is blocked by the Bollinger Band's middle track at 2590. Pay attention to the lower track support at 2400 and the upper track resistance at 2780, which can serve as trial points for medium-term long and short positions. Focus on whether the daily line closes in the red or green. If the resistance between the previous highs of 2580 to 2610 is not broken, it will still be bearish. If it breaks, there is a high probability of turning bullish and continuing to recover.

The four-hour K-line is consolidating around the 2500 level. The EMA trend is pointing down, and the alternating expansion has not yet ended. The K-line has approached the EMA15 fast line resistance near 2550, which has strong resistance. Aggressive traders can consider opening a short position at 2570, with a stop loss above 2595. The MACD has ended its volume reduction and started to expand. The DIF and DEA have formed a golden cross, and a divergence at the bottom of the market has appeared. The probability of a pull-up is low, while the probability of breaking the previous low is increasing. The main force has the momentum to crush and liquidate the long positions. Cautious traders can consider looking for opportunities to go long after breaking below 2400.

Short-term reference: Safety first. Remember that there is no 100% certainty in the market, so always set stop losses. Safety first; small losses and big gains are the goal.

For a southern trial position, 2560 to 2580, with a defense at 2600, stop loss at 30 points, target looking at 2530 to 2500, and if broken, looking at 2470 to 2430.

For a northern trial position, 2370 to 2340, with a defense at 2310 short, stop loss at 30 points, target looking at 2450 to 2500, and if broken, looking at 2550 to 2580.

Specific operations should be based on real-time market data. For more information, you can consult the author. The article may have a delay in publication, so it is recommended for reference only, and risks are borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency circle and represents the scholar's unique views. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The scholar in the cryptocurrency circle wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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