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Tong Ge 6.11 ETH Strategy
$ETH Rebound to around 1670-1690 to enter a position, stop loss above 1700, first target 1620, second target 1580
Last night, CPI data was released and pushed prices up, but before it could heat up, news in the early morning directly broke through, and the market went for a round before returning to the original point. This kind of movement indicates one thing: good news can't support the market, and the traders have no cards left.
Now, don't get carried away by the rebound; this needle is emotion, not trend. Even good news like CPI can't move the market, so what can push it higher later? Rely on imagination?
Up and down, needle insertion back and forth, what’s being consumed is not the patience of the traders, but their bullets. After the good news and the news are played out, all that’s left is a mess. Until the structure turns around, continue to follow the trend, look for opportunities, and load the chamber #美国5月CPI创三年新高