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Tong Ge 6.12 ETH Strategy
$ETH Rebound to around 1690-1710, stop above 1730, first target 1650, second target 1620
When 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 trend tests people more than sharp rises and falls. You’re still afraid of a sharp drop, you’re still greedy during a sharp rise, but when the market moves slowly, it’s easy to relax your vigilance, thinking "it’s not dropping anymore" or "it’s about to rebound."
But slow doesn’t mean stable. The market still looks the same—no volume on rebounds, funds are watching, and news-driven moves quickly fade away. 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 lifting the market, how can prices stay up?
In this environment, remember one thing: before volume appears, all upward moves are false signals. Don’t get itchy just because it’s boring, don’t guess the bottom just because it’s sideways. The trend hasn’t changed, the direction hasn’t shifted, if the market moves slowly, follow it slowly. Patience is stronger than reckless action.