Article published on 2025.6.30—14:10

The current price of AICoin is still in a range-bound fluctuation, and there is no need to chase long positions. Focus on the upward momentum; the eight-hour level market has already reached the upper Bollinger Band area, and we can expect a pullback after the recent highs. On the one-hour chart, after a significant decline, there has been a three consecutive bullish candle rebound, but each bullish candle has a long upper shadow, clearly indicating strong resistance above. The pressure above is significant, and after multiple failed attempts to break the highs, it has fallen back under pressure, posing a considerable risk of short-term pullback, making it unwise to chase long positions at high levels. For the afternoon trading strategy, it is recommended to primarily participate with a bearish outlook.

Afternoon trading suggestion for ETH: Short at 2510-2530, target around 2480-2450.

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