Hermano Tong 6.1ETH idea


$ETH Rebound near 2020-2030, enter the market, stop loss at 2050, first target at 1980, second target at 1950.
Although the weekly MACD momentum has weakened, it has not yet formed a true trend reversal.
The daily chart still operates in a weak zone, with MACD continuously below the zero line, RSI maintaining low oscillation, and the head always unable to launch an effective counterattack.
On the 4-hour chart, the current price is always suppressed by the middle and upper bands of Bollinger, with limited rebound space, and the overhead trapped positions still exert obvious pressure.
The current ETH gives the impression that:
It cannot fall into panic, nor rise with momentum.
This market condition is most likely to follow a pattern of repeated oscillations and downward movements.
For me, the current position has no value for entering, but as long as it rebounds near the pressure zone, I still prioritize the opportunity to enter the market.
ETH-1,55%
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