Tong Ge 6.12 ETH Strategy

$ETH Rebound to around 1690-1710, stop above 1730, first target 1650, second target 1620

Once the World Cup starts, the market also follows suit. After a whole morning, the volatility isn't even as exciting as a game. Honestly, this kind of market sentiment tests people more than sharp rises and falls. When it drops sharply, you're still afraid; when it rises sharply, you're still greedy. When the market moves slowly, people tend to relax their vigilance, thinking "it won't fall anymore" or "it's about to rebound."

But slow doesn't mean stable. The market still looks the same—rebound with no volume, funds are on the sidelines, and news triggers a brief rally that quickly fades. Most of the attention inside the market is diverted by the game, and outside funds won't rush in to lift the market at this time. Without anyone pushing, how can prices hold steady?

In this environment, remember one thing: before volume picks up, all upward moves are false signals. Don't get itchy just because it's boring; don't try to pick the bottom during sideways trading. The trend hasn't changed, the direction hasn't shifted, so if the market moves slowly, follow it patiently. Waiting patiently is better than acting recklessly.