Tong Ge's ETH Strategy for 6.30


$ETH Enter short near 1610-1630, stop loss above 1650, first target 1570, second target 1550.

In the early morning, a wave was stolen at 1637. Many people probably thought the bull market had arrived when their alarms went off, but before dawn, the price went back down the same way.

This script of pumping at night and paying back during the day has been played by the market at least eighty or a hundred times. The routine is the same every time: first pump a candle when liquidity is thin, making those who missed out itchy, then instantly trap and kill them when they really jump in.

The biggest problem with ETH right now is not that it can't rise, but that no one is willing to buy when it goes up.

As soon as the price touches the resistance zone, it turns around, indicating that big funds have no desire to take over at this level.

It looks lively with bounces, but in reality, it can't even form a proper confirmation.

The rhythm is still emotional: when it rises, it seems like it's going to the moon; when it falls, there are no brakes.

In a weak market, the least valuable thing is a single bullish candle in the early morning.

True strength is not stealing a pin while people are sleeping, but being able to consolidate and stand firm after a big bullish candle.

Before the resistance zone is broken, treat all sneak attacks as bait. #美伊冲突再升级
ETH0.67%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned