June 2 Morning Auntie’s Suggestion

Ethereum short-term rebound from the low of 1736, currently encountering resistance in the 1950-1960 range. The 15-minute moving averages have not formed a golden cross, indicating that upward momentum is gradually weakening. The main pressure on the market still relates to the liquidation of positions associated with Yilihua, with the key liquidation zone between 1780-1860 not truly eliminated. The current rebound instead provides additional space for collateralization or debt repayment. Subsequent potential selling pressure may continue to suppress prices. The overall bearish pattern has not yet changed; this rebound is more of a technical trap. It is recommended that spot holders reduce positions during the rebound and wait for the market to retest support again.
Trading Suggestions
Short at around 1960-1990 on the rebound, targeting 1900-1820, and continue to look lower if broken below to 1770.
#当前行情抄底还是观望？ #Gate1月透明度报告