ETHJPY Market Overview on September 11, 2025

ETHJPY opened at 649,716 yen, soaring to a high of 663,577 yen, and then reversed sharply, closing at 649,973 yen, with a total turnover of 197,750 million yen. The bearish engulfing pattern appears, followed by a cross star, indicating that the market is hesitant. In the 15-minute MACD indicator turned negative, the RSI indicator fell from the overbought level, and the Bollinger Band indicator showed that volatility increased. Volume soared during the sell-off period but then fell back, indicating that subsequent trends may be insufficient. The key resistance is around 663,000 yen and the support is around 649,000 yen.