Crypto Circle Liying: June 14 Ethereum (ETH) Latest Market Analysis and Trading Suggestions

　　Family, Ethereum is currently priced at 1676. Liying won't use any fancy words, let's directly look at how the K-line is moving. From the chart, it can be seen that after dropping to 1602, it began to rebound. The current price is hovering near the moving averages, like a person resting after being tired from climbing a mountain. There is a long-term resistance line in purple above, and a few short-term moving averages supporting from below. Right now, it's in a volatile state with a top and bottom. In such times, don't chase the rise or fall blindly; wait for it to choose a direction before taking action. After all, the volatility in the crypto space is significant, and preserving capital is much more important than making quick money.

　　The EMA moving averages, the 7-day and 30-day moving averages are forming support around 1676 - 1667. The price is above the short-term moving averages, indicating that the short-term bulls still have some strength; however, the 120-day moving average is pressing down near 1705, serving as a mid-term resistance level. If it can't break through, a pullback is likely. Looking at the MACD, both DIF and DEA are above the zero line. The red bars are short but have not disappeared, indicating that the upward momentum is still there but weakening, resembling the last strength of a strong bow. In terms of the Bollinger Bands, the middle track is at 1669, the upper track is at 1684, and the lower track is at 1655. The price is oscillating narrowly between the middle and upper tracks, and the narrowing opening signifies that a reversal is imminent, either breaking above the upper track or dropping below the middle track to find support at the lower track. Right now is the calm before the storm.

　　Short-term Reference:

　　Buy positions at 1650-1620, exit below 1580, with the target at 1680 aiming for above 1720.

　　Sell positions at 1700-1730, exit above 1760, with the target at 1650 aiming for below 1600.

　　The above content is exclusively original by Liying, please indicate the source if reprinted! The article's publication review has a delay, and the market changes rapidly; the above suggestions are for reference only, and risks are borne by the reader. I hope Liying's appearance is helpful to you!

　　The article's content is time-sensitive and for reference only; risks are borne by the reader.

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