6.25ETH Morning Analysis

ETH is consolidating at the end of a converging triangle around 1656. The midline at 1638 forms dynamic support, and the upper band at 1714 is the recent volatility extreme. The current candlestick structure shows alternating consecutive dojis and small-bodied bullish candles, reflecting the exhaustion of bullish and bearish momentum, as the market enters a directionally accumulating phase under low volatility.

Key Levels Quantified: 1660 above is the breakout point for the short-term supply zone. A valid hold above it will trigger short-covering and test the liquidity-dense zone of 1680-1700. 1623 below is the previous low support threshold; if it breaks, it opens pullback room toward the 1600 psychological level and the 1563 Bollinger lower band.

Trading Advice: Short 1650-1680, target 1580-1500.

$BTC $GT $ETH #以太坊基金会重组降本