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7.1 ETH Short-term Analysis
Analysis: Short near 1570-1590, target 1530-1480, stop loss 1610
After the monthly close, the four-hour level rebound momentum has gradually weakened, showing stagnation and resistance after the surge, with the double moving averages about to form a suppression. This rally is merely a recovery after the previous sharp decline, and the market has now entered a high-level consolidation phase. After the consolidation ends, the risk of a pullback increases, so prioritize trading with the trend by shorting at highs#Strategy拟回购股票 $ETH