July 4 Trading Ideas: ETH continued to rise with fluctuations yesterday.



On the fundamental side, the U.S. market was closed yesterday, and the positive impact from the sharp drop in U.S. non-farm payrolls continues to support the market trend. On the other hand, the Israeli military claimed to have struck about 10 Hezbollah facilities in southern Lebanon. Iran stated that it would respond to any violation of the agreement, limiting the upside.

On the technical side, the current bullish trend has not yet reversed. Although the first target has been reached, whether the current wave rally can continue depends on whether 1733 is broken. Therefore, in terms of trading, trend traders can continue to hold positions and wait for the hourly chart to break below 1733 before exiting. The remaining two targets are 1848 and 1885. If the price breaks below and exits, wait for a buy signal at a low point after a pullback. For short-term traders who entered yesterday and took profit at 1770, there is currently no good entry point, so stay on the sidelines for now.#eth
ETH1.63%
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XinZheRich
· 3h ago
Buy the dip and enter the market 😎
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ThisIsTranslateContent:NibbaIi
· 9h ago
Get in quickly! 🚗
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