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6.29 ETH Market Commentary
Yesterday opened at 1607 and continued to weaken, with a rebound to 1588 failing to push higher, and the highs gradually moving lower. Today, bears are in control, with only a brief spike to 1581 before diving to 1546.
The 4-hour Bollinger Bands are narrowing and flattening, with low-range consolidation and no trending moves, so the short-term range is to sell high and buy low.
Short near 1590-1570, target 1500. #Crypto # #BTC下探60000美元关键关口 #美国年度净资本流入创8840亿新高 #STRC触及历史低点 $BTC $ETH