Ethereum Market Trend Analysis 20250609
The current weekly chart shows a small bearish candle in a doji pattern, with trading volume remaining basically the same as the previous week, indicating a state of contraction.
The weekly MA30 line has begun to show signs of flattening after a period of increase, and the price has rebounded to the MA30 line in the last three weeks but has subsequently fallen back, failing to effectively break through.
The weekly MACD has been returning to the vicinity of the zero line after a long time at a high position, indicating a weakening downward momentum.
In the short term, the weekly trend is still influenced by Bitcoin; if Ethereum does not rise, it is difficult for altcoins to perform well. The weekly level must effectively break through the resistance of the MA30 line, stand above it, and stabilize in order to open up upward space.