Tong Ge 6.14 ETH Strategy

$ETH Rebound to around 1690-1710 to enter the position, stop loss above 1730, first target at 1640, second target at 1620.

During the World Cup, the market is slower than usual, and a whole day’s movement is less exciting than a game. This kind of market is the most frustrating, slow cutting losses, gradually making people forget about the risks.

But slow is slow, the structure hasn't changed. Prices are still being suppressed by moving averages, rebound volume can't pick up, and funds are clearly not in the right state. The stadium is lively, but the market is cold and quiet, no one is pushing the price up, how can it stand?

At such times, don’t mistake sideways consolidation for a bottom, and don’t get itchy to gamble on the direction just because it’s boring. Before the market shows signals, continue to follow the trend and wait. The market is slow, so be slow too; patience is better than reckless moves.