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7.2 ETH Morning Analysis
Analysis: Enter near 1620-1630, target 1580-1500, defensive at 1650.
After a push up to 1645.86, the bulls lost steam and price pulled back. The prior swing high has formed strong overhead resistance. The current rebound has stalled around the moving average area. Short-term bullish momentum is insufficient, and with macro tightening acting as a bearish headwind, the trading priority is to short at rebound highs#Circle股价重挫17% $ETH