Brother Tong 6.22 ETH Strategy

$ETH Around 1750-1770 consolidation, stop loss above 1790, first target 1710, second target 1680.

The market looks like it's gradually climbing up, but after several days of grinding, it hasn't been able to effectively break above the key resistance zone. This pattern resembles a consolidation after a decline rather than a trend reversal.

A genuine rally depends on active capital pushing it upward; true strength is shown when, after a pullback, there are still buyers stepping in. The current issue is that while the price is rising, trading volume hasn't significantly increased, indicating that new funds are not actively entering.

The market's favorite move is to create confusion during consolidation, leading people to believe the trend has emerged. A two-day rise makes people think it's a bull run, a two-day drop makes them think it's a collapse, and ultimately, everyone gets shaken out.

Until we see new funds entering the market, consider this rebound as a correction. Don't rush to change your view before breaking through resistance. #美伊谈判第一轮结束