6.25 ETH: Bounce is just a repair, bearish structure remains unchanged



$ETH
Entry: Short near 1620-1640 Stop loss at 1680 Target 1550-1510

The previously maintained consolidation range of 1650-1750 has been effectively broken, with the hourly level forming a complete accelerated downward wave, typical of a trend-based breakdown

The current bounce is merely a retest confirmation of the broken range, with no structural reversal signal for a bottom, the overall downtrend remains intact, and after the bounce ends, the probability of further decline far exceeds a reversal, so do not blindly catch the falling knife#以太坊基金会重组降本
ETH-1.94%
View Original
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