Sister U 6.23 Morning $ETH Market Strategy Analysis

When rebounding to the 1745-1760 range, consider shorting with the trend, targeting 1710-1650, with a stop-loss set above 1780.

Technical logic:
After the previous high point retreated, the daily chart has formed a complete downward trend structure. The dual moving averages continue to diverge downward, forming a clear dynamic resistance zone. Recently, the price has repeatedly failed to break above the moving average area, indicating weak bullish recovery.

Short-term rhythm:
The slight rebound after the bottom is only a weak consolidation during the decline, with the rebound highs continuously moving lower, and the selling pressure still dominating the market. The current rebound strength is insufficient to reverse the trend. Do not chase long positions; it is recommended to wait until the price rebounds near the moving average resistance level before opportunistically entering short positions.