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Market analysis on the evening of June 10, 2025 at 10 PM
ETH surged between 8 and 9 o'clock, but the momentum for going long still feels a bit weak. However, the downward momentum is also not sufficient. Often, after the market quickly drops by more than ten price points, it is quickly pulled back. Today, the price of Ethereum fluctuated around the 2780--2820 range throughout the day. In the evening, if the price stabilizes above 2820, consider going short. However, it is advisable to take small short positions. The overall strategy is still mainly to go long at lower prices. Set buy orders around 2760 and 2700.