6.30 second-pie 1595 area Qingcang shu, target 1550/1500
The second-pie last night dipped to 1547, then saw a round of recovery. It has rebounded to around 1584, but on the 1-hour timeframe it still remains below the 60 moving average, so overall it is still a weak consolidation structure.
This rally did not form continuous expansion in volume. As soon as the 1600 level was touched, selling pressure appeared again, suggesting there are still plenty of trapped/holding positions overhead.
For the short term, if it cannot hold above 1600, treat the rebound as a repair/correction rather than something to chase blindly.
1600 is the first resistance level right now. Above that, watch the resistance zone at 1615–1640.
The biggest characteristic of the recent second-pie is: after a sharp drop, it rapidly rallies; after that sharp rally, it then falls back again.
In a market like this, you must not let a single bullish candle change your conviction.
Truly stable profitable traders are not those who participate in every move, but those who only trade the positions they can truly understand.$ETH
#ETH走势分析
The second-pie last night dipped to 1547, then saw a round of recovery. It has rebounded to around 1584, but on the 1-hour timeframe it still remains below the 60 moving average, so overall it is still a weak consolidation structure.
This rally did not form continuous expansion in volume. As soon as the 1600 level was touched, selling pressure appeared again, suggesting there are still plenty of trapped/holding positions overhead.
For the short term, if it cannot hold above 1600, treat the rebound as a repair/correction rather than something to chase blindly.
1600 is the first resistance level right now. Above that, watch the resistance zone at 1615–1640.
The biggest characteristic of the recent second-pie is: after a sharp drop, it rapidly rallies; after that sharp rally, it then falls back again.
In a market like this, you must not let a single bullish candle change your conviction.
Truly stable profitable traders are not those who participate in every move, but those who only trade the positions they can truly understand.$ETH
#ETH走势分析