Cryptocurrency Academician: Ethereum enters the "No Man's Land" on June 11, where is the next target price? Latest market analysis reference.

CN
2 days ago

Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you have me.

I am a scholar in the cryptocurrency circle, a warrior who has always been protecting the retail investors. I wish my fans financial freedom by 2025. Let's keep pushing forward together!

Scholar in the cryptocurrency circle: June 11, 2025, Ethereum (ETH) latest market analysis reference

The current price of Ethereum is 2740. It is now 1:30 AM Beijing time. Yesterday, after Ethereum broke 2750, many chose to stop-loss and exit. Up until now, before this article was published, many crypto friends privately messaged me that they were stopped out of their short positions between 2620 and 2650. Some also chose to chase long positions after breaking 2788, only to be stopped out. I advised as much as I could, but this is human nature; the market is never short of those who chase highs and sell lows, especially when market sentiment is stirred up. However, I still hope my fans can walk with me in the crypto circle and understand the fundamental truth of trading: survival comes first, and profit comes second.

The daily K-line has already broken the 0.5 resistance level of the Fibonacci retracement. The EMA trend indicator continues to show an upward alternating expansion trend. The MACD has been continuously reducing volume and moving upward. After the K-line entity breaks the dividing line, the DIF and DEA are likely to form a golden cross, continuing the upward trend. The Bollinger Bands' extreme sideways movement has ended, and the K-line has broken the upper Bollinger Band at 2735. It is expected to leverage upward around the upper band. As usual, at this time, the main force's entry and exit range is likely to exceed 200 points, so if entering, there is a large space for stop-loss, which is not cost-effective in terms of profit.

The current position of the four-hour K-line has not yet formed a neckline. The intention is very clear: no opportunity for retail investors to enter. Either chase long positions at high levels or wait for a pullback to harvest. At this time, what needs to be done is to wait for a clear pattern to appear after the pullback before going long. Alternatively, look for a short position when a bearish pattern appears at the top after a rapid rise. The EMA trend shows a clear bullish intention, and the MACD is currently consolidating around 2740. After the K-line broke the upper Bollinger Band at 2765, it has been stretching upward around the upper band. Aggressive traders can chase long positions, while conservative traders are advised to hold onto their chips and wait for a pattern to appear before considering entry.

Short-term reference: Safety first. Remember that there is no 100% certainty in the market, so always set stop-losses. Safety first; small losses and big gains are the goal.

For a southern trial entry point, consider 2820 to 2850 long, with a stop at 2875, stop-loss at 30 points, and a target of 2780 to 2750. If broken, look at 2730 to 2700.

For a northern trial entry point, consider 2670 to 2650 short, with a stop at 2620, stop-loss at 30 points, and a target of 2700 to 2750. If broken, look at 2800 to 2830.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency circle and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The scholar in the cryptocurrency circle wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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