5.28 Mistress Thinks: Following Bitcoin's decline, the weakness is even more pronounced, continue to go short!

Today, the mistress is completely following Bitcoin's bearish script, even weaker than Bitcoin itself! After surging to 2065.30 in the morning, it plummeted all the way down, hitting a low of 2010.72, now hovering around 2015 in a semi-dead sideways move.

$ETH
Entry: Rebound between 2030-2050, with a target of 2080, watch 2000-1950

1-hour chart is clear, a textbook bearish continuation pattern:

Bollinger Bands opening downward and diverging, the middle band (white line) and upper band (yellow line) both turning downward simultaneously, with the price being firmly suppressed by the middle band throughout, no decent rebound at all.

After the decline, it oscillated narrowly in the 2010-2020 range for over 3 hours, with no signs of volume-driven rebound or bullish engulfing candles, this is just a breather in the downtrend, not a bottom.

The only technical signal is that the lower Bollinger Band (purple line) is starting to flatten and slightly turn upward, indicating a possible weak rebound in the short term, but the magnitude will be limited, offering an opportunity to go short.

Important risk reminder: Mistress's trend is fully linked to Bitcoin, and the weakness is even more obvious. Absolutely no chasing longs, any rebound is a shorting opportunity. If the price drops sharply below 2010 with volume, do not think about bottom fishing; follow the trend and go short is the way to go. #美伊谈判