Trompeta 6.10ETH idea

$ETH Rebound to around 1650-1670 enter long, stop above 1690, first target 1600, second target 1500

The market continues to grind downward, the price is still being suppressed by all moving averages, the rebound has no volume, and there are no signs of capital inflow. This kind of bearish decline is most likely to make people think "it has fallen so much, it should rebound," but the true bottom is either panic selling or formed after a long period of sideways grinding, neither of which we see now.

Don't rush to guess the bottom; guessing the bottom is the most expensive habit in the market. Before the trend changes, a rebound is just an opportunity for a long entry, just follow the movement.