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7.3 ETH Night Outlook: Bearish remains unchanged, prioritize shorting at highs
Core logic: The oversold rebound is nearing its end, the bearish trend remains unchanged. Before the non-farm payroll data, it will likely maintain range-bound consolidation; any rally is a shorting opportunity.
Technical overview: The 4-hour chart shows consecutive bullish candles approaching resistance, momentum is exhausted with insufficient volume, no reversal structure, clear overhead resistance.
Trading Strategy:
Short zone: Rebound to the 1725 - 1745 area
Downside targets: 1700-1650
$ETH