YourNeighborOppositeIsChen

The first weekly bearish candle, but the weekly Bollinger Bands are narrowing, which means there isn't much room below.
The third 12-hour bullish candle, but without volume, and the bulls entering actually coincide with a decline.
The 4-hour bearish trend will enter today, but WR is oversold,
which also indicates the trend is still bearish, but the space below this week isn't large; if it reaches the 1580 level, it could rebound.
If it cannot break above the 1662-1666 range, it remains bearish.
Breaking above 1666 could fill the 1737-1740 gap.

Ethereum today’s strategic levels
Ethereum weekly chart shows a death cross, daily bottom KDJ is entangled.
WR has a turning point with a rebound demand.
12-hour bullish momentum is increasing.
4-hour bullish wave second leg. (No volume)
Downward channel not broken.
1-hour death cross has just formed.
Large and small time frame indicators are diverging.
In the larger time frame, short positions are the trend-following trades; in smaller time frames, rebound shorts.
All long positions are short-term longs.
Ethereum’s strength on June 1st does not indicate a trend reversal.

Ethereum's today's strategic entry points
Weekly, daily, and major timeframe bearish trend
First bearish signal on 12-hour chart
Major timeframe WR oversold, indicating a pullback is needed.
4-hour and 1-hour WR turning upward.
Today's short entry points
2034 2047 2061
Today's cautious long entry points
2003 1960
Stop loss at 5 Ethereum points
#eth