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Tongge 5.30 ETH Strategy
$ETH
Rebound to around 2030-2040 to enter the market, stop loss above 2050, the first target looks at 2010, the second target at 1980
The daily downward channel has been completely sealed off, now every rebound is a springboard for further decline, all moving averages are in a head-and-shoulders arrangement, as if several mountains are pressing down from above, with no upward momentum at all. Don't be fooled by occasional 30-point rallies; those are just strategies by the main players to push prices up and then sell off. The overall downward trend hasn't changed at all, and talking about a reversal is purely a dream.