6.8 Auntie's Thought Process: Finally taking a breath, but don't celebrate too early

$ETH
Entry: around 1700-1720, with a gap at 1750, watch 1650-1550

Today finally saw some red! When the lowest touched 1505 yesterday, I think many people were about to give up, but today it shot straight up to over 1680, giving a bit of a lifeline.

First, I want to say something heartfelt: this is a oversold rebound, not a reversal! Don’t think the bull is back just because it’s rising, and rush in with full positions to catch the falling knife. The fear and greed index is only at 12, still extremely fearful, market sentiment hasn't turned around at all, ETFs are still pulling money out daily. This wave is just a technical correction after too much decline.

Important reminder: now is definitely not the time to bottom fish for medium-term! The overall trend is still downward, all moving averages are in a bearish alignment. If you want to bottom fish, at least wait until it stabilizes above 1800.

Historical data shows that June is ETH’s worst month of the year; in the past 10 years, only 3 years saw gains, with an average decline of 6.74%. Don’t hold unrealistic fantasies.

Finally, I’ll say this: it’s good enough if this rebound helps everyone regain some blood. Don’t be greedy. Protect your principal, staying alive is more important than anything. #非农数据超预期加息预期升温 #伊朗袭击以色列