Today is July 2nd at 10:20 AM. Last night, the US stocks’ movement really didn’t follow the usual script. They didn’t go up—instead, they directly turned and smashed downward.

Even though the US stocks have been acting sluggish, ETH $ETH ‌ basically didn’t escape my prediction. Yesterday I just told everyone it might rebound to around 1650, but last night it pushed hard to a high of 1645. The moment it touched this area, it was slapped down immediately.

After the sell-off, it started to hesitate and grind again. Next, everyone should focus on one level: 1593. If ETH can hold steady above 1593, it means the bulls still have some breath left in the short term and can try to push higher one more time. But if it can’t even defend 1593 and then falls below, there’s nothing more to say—continue to look short in line with the trend.

Let’s also talk about the World Cup concept that everyone watches every day $CHZ ‌. Today, this thing actually rebounded a little again, like stubborn plaster. Judging by the way it’s moving, the big players really want to take advantage of the last ~twenty days of the World Cup to come back to life, stir up some action, and lure longs. But my stance won’t change no matter what: the absolute ceiling of this rebound is only around 0.022. As long as it dares to touch near 0.022, I will absolutely slam a short order right in—no hesitation.

Overall, in the crypto market, the short-term weakness may still see a small rebound, but to be blunt, there’s basically no trading volume—everything is being lifted on low volume. And with the surrounding environment so unstable, there’s also the risk that a big black swan could be brewing at any time later.

Anyway, since it’s basically garbage-time right now, I will definitely hold my hands back. If it doesn’t meet the required levels, I won’t blindly gamble. For ETH, watch whether 1593 can hold; for CHZ, wait for it to spike and hand you money. Set stop loss strictly #Circle股价重挫17%