Technical analysis by NuggetsWarriors about Symbol ETH: Sell recommendation (6/23/2025)

Technical analysis of ETH contract on June 23:Today, the large-cycle daily level closed with a small negative line yesterday, and the K-line pattern fell continuously. The price was below the moving average. The attached indicator was dead cross. The price continued to break down from the previous low point. The decline in the big trend was very obvious, but we need to pay attention to extreme trends to prevent market washes, so risk control must be done well; the short-cycle hourly chart broke down in the morning of the previous day, and the US market was corrected and broke down under pressure for the second time during the day. The current trend pattern is extremely similar, still under pressure in the US market, and broke down in the Asian morning. At present, the big sun rebounded, so the trend of correction is still the main trend during the day. We have to wait for the correction to be completed before arranging to enter the market, and the opening position is 2285 area.Today's ETH short-term contract trading strategy:Sell in the 2260 area of the rebound, stop loss in the 2290 area, and target the 2180 area; real-time layout is adjusted according to the real-time trend