6.25 Afternoon Thoughts
The big pie shows a significant stalemate at the four-hour level. The MACD indicator is entangled around the zero axis, with alternating red and green bars appearing weakly, which clearly indicates that the market's upward and downward momentum has significantly weakened in the short term. Switching to the one-hour level for observation, although there are signs of a rebound after a brief pullback, the KDJ indicator's three lines formed a dead cross and then showed an upward turn, but the MACD double lines continue to run downward and form a top divergence with the price trend, suggesting that the current upward trend is nearing its end. It is worth noting that the market has been oscillating for two days, and according to the historical rule of "too long in a sideways market tends to break down," the operational thought is still focused on shorting at high rebounds!
Big Pie: Short near 107000-106600, looking down to around 104500
Ethereum: Short near 2470-2450, looking down to around 2370
