June 11 Morning Auntie Disk 🍜 Poetry Fate Viewpoint


Is the rebound a fleeting illusion? Where will Auntie go next??
The 4-hour level shows a clear downtrend for Auntie, with highs moving lower, dominated by bears.
From 1721 retracing, the lowest probe at 1601, currently around 1622 in a weak consolidation.
MACD slightly bullish below the zero line, momentum is weak, just a technical correction, not changing the downward pattern.
Rebounds are repeatedly suppressed, bulls are weak, overall sentiment is bearish.

Support levels: 1600-1610 (key defensive level), below which to watch 1550
Resistance levels: 1640-1650 (short-term dividing line), strong resistance at 1680-1700
Trading advice:
A rebound to the 1640-1660 range can be lightly shorted, with a stop-loss above 1675, initially targeting 1610-1600, and below that, aiming for around 1550 if broken. $BTC $ETH
BTC1.72%
ETH1.32%
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