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7.1 ETH Midday Analysis$ETH
Continuing the bearish tone from the morning, after bottoming out, it continues range-bound oscillation with clear upward pressure. If it cannot break through the resistance, it will retest the lows. Only by breaking the resistance can a rebound unfold.
ETH maintains a bearish structure, ranging after bottoming out with upward pressure. If it fails to break the resistance, it will retest the lows. Only after breaking through can a rebound occur.
The 4-hour moving averages are intertwined and moving downward. MACD is below the zero line, with a lack of bullish momentum. The market is in bearish oscillation, with no reversal signal for now.
Trading suggestion: Short at 1585-1595, targets 1560 and 1540.
#特朗普披露持有超1亿美元BTCETH