On July 4, 2026, Ethereum (ETH) stabilized in the $1,740-$1,760 range, showing a short-term bullish bias with oscillations, but key resistance has yet to be breached.

🔍 Key Market Information

· Whale buying: An address has accumulated over $31 million worth of ETH at an average price of $1,591 over the past three days and staked it, with the cost lower than the current price, supporting market confidence.
· Capital sentiment recovery: The funding rate has rebounded to 0.016% (higher than 0.009% at the end of May), with increased bullish bets, but total open interest is only $4.35 billion, indicating no overheating.

📊 Intraday Trading Range

· Upper resistance: $1,760 (immediate), $1,780-$1,820 (dense trapped area); a breakout requires volume confirmation.
· Lower support: $1,700-$1,710 (core), $1,660-$1,690 (bull-bear divide).
· Middle zone: $1,730-$1,750 is the short-term equilibrium zone for bull-bear competition.

💡 Strategy Reference

· Bullish approach (buy on dips): If the price retraces to $1,710-$1,730 without breaking, consider a small long position, with a stop loss below $1,690, targeting $1,760-$1,780.
· Bearish approach (short on highs): If a rally to around $1,780-$1,800 shows signs of stagnation, consider a small short position, with a stop loss above $1,830, targeting a pullback to $1,730.
· Conservative strategy (wait and see): Currently in the middle of the range, it is more prudent to wait for a breakout above $1,760 with volume or a retest of support at $1,700 before making a decision.

⚠️ Risk Warning: Current trading volume has contracted, and the sustainability of a volume-less rally is questionable; chasing highs requires caution. Also, pay attention to the sudden impact of macroeconomic data and ETF fund flows. The above analysis does not constitute investment advice. Please strictly control your positions and risks. #以太坊