ETH/USDT July 2 Intraday Complete Trading Range (Current price $1609, for reference only, not investment advice)

I. Full-Day Oscillation Large Range

Intraday core trading range: 1555 — 1650 USD
24-hour volatility range: 1557 (low) ~ 1636 (early morning high)

II. Layered Support (Buy Zone)

1. Short-term Light Long Zone: 1580–1590
Stabilize on pullback can take small long, stop loss 1572, target 1610–1630

2. Stable Low Absorption Zone: 1548–1555 (intraday strong support)
Big drop in place to accumulate long in batches, defense 1540, swing target above 1640

3. Extreme Bottom Fishing Zone: 1500–1510
Only triggered by effective break below 1550, this zone suitable for spot long-term layout, below 1430 is ultimate support

III. Layered Resistance (Reduce Position/Short Zone)

1. First Take Profit Resistance: 1625–1636 (early morning previous high)
If unable to break, can close longs and try shorts, stop loss 1642, target 1595

2. Strong Selling Pressure Watershed: 1645–1650
20-day moving average heavy pressure zone, whole day short-seller main entry point; only with volume standing above 1650 can reverse intraday weakness

3. Bull Reversal Key Level: 1700, difficult to reach today

IV. Time-Phased Trading Rhythm

1. Asian Session (current): 1590–1635 narrow range oscillation
Near 1590 go long low, above 1630 short, do not chase trends

2. European Session (after 15:00): range expands to 1560–1640
If BTC weakens, ETH likely to test 1555 support; if market strengthens, challenge 1640

3. Evening 20:30 US Nonfarm Payrolls (key inflection point)

◦ NFP bullish for USD: ETH simultaneously dips to 1550, break below see 1500

◦ NFP bearish for USD: volume breakout above 1640, target near 1680

◦ Neutral data: maintain 1560–1640 wide oscillation, buy low sell high

V. Short-Term Practical Rules

1. ETH high volatility, high risk of liquidation, intraday short-term single position does not exceed 3% of total capital

2. Below 1650 overall bias towards rebound repair, major trend still bearish, do not heavy chase long at highs

3. Half an hour before NFP, try to clear leveraged positions, spreads widen and stop loss may fail during data release

4. Spot: accumulate in batches below 1550, reduce in batches above 1640; contracts only for short-term, do not hold for long

Risk Warning: Cryptocurrency is extremely volatile, leveraged trading carries risk of total loss of principal. The above levels are only technical range references and do not constitute trading advice.