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ETH near 1560-1565, lightly long with stop loss at 1535, target 1585/1605;
Above, wait for reversal short opportunity in the 1605-1615 range, stop loss at 1635, target 1575/1550.

The market has slowly climbed back from the low of 1545 to 1563, forming consecutive small bullish candles on the 4-hour chart, with the center of gravity gradually shifting upward. This pattern is not a V-shaped reversal, but more like bottoming - it can't fall further, but longs don't dare to go all in either.

The AVL average of 1562 exactly matches the current price, indicating a temporary balance between bulls and bears. The immediate resistance above is 1582-1585; only after breaking through can we look at 1605. The MACD fast line has turned up below the zero axis, and the KDJ has formed a golden cross at low levels, giving a weak repair signal from a technical perspective.

Volume continues to shrink, with the 24h trading volume only 339K ETH, indicating that funds are still watching from the sidelines. Such a low-volume rebound has limited upside; don't expect too much space.

During the day, first look for consolidation in the 1550-1585 range; only a breakout above 1585 with volume can challenge the 1605-1615 resistance zone. If 1550 fails to hold, then a second test of 1545 or lower.

For short-term longs, you can try with light positions and reduce positions when reaching the 1585-1605 area. For reversal shorts, wait for structural confirmation above 1605 before acting; no rush now. In the bottoming phase, hurry won't help.$ETH #BTC下探60000美元关键关口
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ArbitrageIsn'tAsGoodAsGetting
· 06-29 04:25
4-hour small bullish candle but volume shrinking, this rebound has limited upside, I reduced my position at 1585.
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AmberTeaSwirl
· 06-29 03:52
AVL is tightly stuck at 1562, with the long-short balance pointing in multiple directions; break above 1582, then look at 1605.
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RektRecoveryCoach
· 06-29 03:26
The bottoming phase can’t be rushed. “Light Cang Shi Duo” is the right approach—probe carefully; only consider increasing your Cang after the volume picks up and breaks above 1585.
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GateUser-ecded933
· 06-29 02:18
Above 1605, get a structure first, then reverse with a hand switch. Now is too early to control the move—let the bullets fly for a bit.
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