June 7, Auntie's Thoughts: Weaker than Bitcoin, rebound is a shorting opportunity

$ETH
Auntie's trend is even uglier than Bitcoin's
When Bitcoin falls, it drops even harder; when Bitcoin rebounds, it rises more slowly
Today’s seemingly good rebound didn’t even hold 1600, let alone break through the key resistance level of 1650

Entry: around 1600-1620, with a target of 1655, watch for 1560-1500

The familiar formula remains:
When falling, a single big bearish candle breaks through directly; when rising, it drags on for a long time without gaining many points
Every rebound seems more like an "escape invitation" for the bulls, rather than a "buy signal"

The current market is just playing psychological warfare
It first smashes down to 1500 to make you despair, then pulls up to 1600 to give you hope. When you think "it's finally going up" and start bottom fishing, it suddenly drops again, trapping you

Look at those who shout the loudest about bottoming out—how many really dare to go all-in?
They shout "all in," but their actions tell the truth—this is the best proof of lack of confidence

Auntie’s medium-term downtrend remains unchanged, all moving averages are in a bearish alignment, and the MACD green bars are still expanding

Before clear trend reversal signals appear, all rebounds are just opportunities to short, not miracles for bottom fishing #比特币ETF单日净流出7272枚