June 30 Li Jingyue's ETH Intraday Analysis

Yesterday, we precisely provided the short idea near 1595, and the market fell as expected, delivering 40 points of downside profit. The short position was perfectly concluded. The market rhythm, high and low turning points were all locked in advance each time, and price movements never deviated from the predictive framework.
From the 4-hour technical structure, the market shows high-level violent wide-range oscillation, with long and short positions repeatedly whipsawing each other. Technically, after an upward push, a real bearish candle formed, creating resistance. Short-term moving averages continue to press downward, and every rebound is a bull trap for short-position repair. Combined with this week's heavy data week suppressing the upside space for risk assets, currently, there are no signs of any bullish rebound!
Jingyue's core idea today remains shorting at high levels. Enter short positions in batches during the rebound to the 1600-1610 range, with the first target at 1550. If breached, then follow the trend downward to 1510.
#数据周：非农数据周四公布，市场矛盾信号加剧 $BTC