6.2 Auntie's Thinking Approach Current price around 1985, critical battle at 1950 support line



Yesterday already effectively broke below the 2000 psychological barrier, now reaching the critical intra-day support zone of 1950-1980. Here's the conclusion: the main bearish stance remains unchanged, but do not blindly chase short positions around 1950, as there are whale supports and a large number of long stop-loss orders, which could trigger a violent rebound at any time.

$ETH
Entry: rebound near 2000, buy around 2015, watch 1950-1900

Three most important reminders:
1950 is the dividing line between bulls and bears: holding this level, there may be a rebound to 2030 within the day; breaking below this, directly target 1900 with no buffer.

High leverage will cause very extreme volatility: now both bulls and bears are betting on 1950, once broken, it could lead to sudden moves of dozens of dollars, not using stop-loss is equivalent to self-destruct.

ETF outflows remain the biggest negative factor: as long as this trend continues, any rebound is an opportunity to short, not a reversal signal. #美伊谈判博弈
ETH-0.23%
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