6.17 Afternoon Auntie Tai's Market View🍜 Poetry Perspective

High points retreat and continue to consolidate!
In the morning, it was clear that there was heavy selling pressure above 1840, so do not chase longs, focus on shorting on rebounds, and buy the dips at support; the market as expected retreated from the high point, entering a narrow range oscillation above 1780, all predictions have been fulfilled.
After a four-hour surge, continuous adjustment candles appeared, and the bullish momentum clearly weakened, currently 1788 remains range-bound with tug-of-war, linked with Bitcoin's correction, moving in sync, with no short-term trend, mainly oscillating, and trading only at the high and low points of the range, avoiding the middle.
Resistance levels: 1800-1810, strong resistance at 1840-1848
Support levels: 1780-1790; strong support at 1760-1770
Trading suggestions:
1. Lightly short around 1805-1810 on rebound, stop loss above 1850, target 1790-1782, if 1780 breaks, look for 1768, and reduce positions in batches at short-term support;
2. After a rebound and stabilization at 1780-1785, re-enter long positions at low levels, stop loss at 1758, target 1800-1808; if it effectively breaks below 1780, abandon longs immediately, wait for 1760 support to stabilize before re-entering. $BTC $ETH