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Brother Tong’s ETH Outlook for 6.29
$ETH Go long around 1590-1610, stop loss above 1630, first target 1550, second target 1500
The pace is still the same as usual: after a dip, there’s a rebound for repair, and then it continues to digest back and forth within the range.
This kind of move isn’t a show of strong consolidation—it’s more like a breathing window in a weak market, and the structure itself hasn’t changed.
For the second BTC, this round still leans toward following the rhythm. When BTC is strong, it may not necessarily keep up, but once BTC moves back down, the catch-up selloff is often more decisive. In a weak-market trend, this rhythm mismatch usually won’t last long.