At the one-hour level for Ether, the price has reached the middle band of the Bollinger Bands, forming a certain suppression range, and the short-term price has not effectively broken out. In terms of indicators, the attached MACD indicator shows a decrease in long positions volume. The dual lines are slightly turning. In the evening's view, I personally think it will move downwards for another leg.

Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏

🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!

🎯 How to Earn Content Mining Rewards on Gate Post?
1️⃣ Create a post on Gate Post
2️⃣ Get likes or comments from other users
3️⃣ If those users trade (spot or futures) shortly after engaging with your post...
💰 You earn up to 10% commission on their trading fees!
📢 Share ✍️ Engage 💬 Earn 💰

🚀 Gate Square Creator Spark Program is Live!
We're officially recruiting the first batch of creators on Gate Square! Whether you're a crypto KOL, project team, or media outlet, join now and enjoy:
💰 Over $10,000 in monthly posting rewards
📣 Exposure to millions of Gate users
📢 Featured promotion and official support
🔥 Don't miss this early-mover advantage — apply now 👉 https://www.gate.com/questionnaire/6819
📄 More info 👉 https://www.gate.com/announcements/article/45695

🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
🔗 Full details: https://www.gate.com/announcements/article/45683