July 2

Afternoon Session: “Er Bing”
On the daily chart, moving averages show a bearish alignment across the board. Price has remained under long-term pressure below short-term moving averages, and the downward channel stays intact. RSI has already entered the oversold zone. Downside momentum is gradually weakening, but rebound momentum is insufficient—any attempt to push higher will likely be met with sell-offs from trapped positions.
The 4-hour Bollinger Bands have tightened, and volatility continues to compress, forming a typical range-bound base-building pattern. Bulls and bears are in a stalemate phase, waiting for the evening Non-Farm payroll data to provide direction.
Strategy: 1630-1650, hold the defense at 1680. Targets: 1580-1550-1500
Disclaimer: Investing involves risk. Enter the market with caution. #沃什宣告终结前瞻指引 $ETH