Ethereum Market Trend Analysis 20250627

The daily line is a small bearish candlestick with a doji pattern, and the trading volume is basically flat compared to the previous day.

The daily MA30 line is still on a downward trend, and the MACD is showing a weakening trend as it falls near the zero axis; if the next two days can close with bullish candles, the MACD will form a golden cross, and then the price will still have a chance for a rally. However, if Bitcoin falls, Ethereum will definitely follow suit.

As mentioned yesterday, when the price rises and encounters the daily MA30 line, it is sure to fall back for adjustment, and indeed, the price's rally yesterday met resistance at the daily MA30 line and started to decline.

Next, we still need to see how Bitcoin moves; if Bitcoin rises, Ethereum falls; if Bitcoin falls, Ethereum falls. Only if Bitcoin maintains narrow fluctuations will Ethereum have a chance to catch up.

Currently, it is still just a rebound trend in a downward movement, not a reversal.

Daily level resistance is at 2530-2690-2730, and support is at 2120-2000-1860