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Tong Ge 6.6 ETH Strategy
$ETH Rebound to around 1580-1600, stop loss above 1620, first target 1530, second target 1500.
I said very clearly yesterday, the bottom is formed by falling, not by shouting. Today the market continues to drop, and the price is still being pressed down by all moving averages, with no decent bullish candles on the 4-hour chart, and no signs of funds flowing back.
The biggest danger in this kind of market is the bottom-fishing mentality. Falling makes you think it's cheap, falling further makes you think it's even cheaper, resulting in buying all the way down and getting trapped. Until the trend reverses, all rebounds are just a pause in the downtrend, not a reversal.
The market specializes in overcoming all doubts. Don't fight the trend; if it goes down, follow it. If the direction is right, making profits is only a matter of time. #比特币ETF单日净流出7272枚