📊 Ethereum (ETH) Market Update Today (Monday, July 6)

- Current price: Approximately $1,775–$1,780. There was slight weekend fluctuation, down a bit from last Friday (around $1,840).
- Key levels:
- Resistance: Short-term $1,785–$1,790; strong resistance $1,800–$1,810 (multiple attempts to break higher last week failed)
- Support: $1,760–$1,765; strong support $1,744–$1,720
- Short-term outlook: This is an oversold bounce within a downtrend. $1,800 is an important line in the sand. Until there is an effective breakout, the market is likely to stay mostly choppy to weak, with a high dependence on BTC’s trend.

🇺🇸 Important US Events Last Night (July 5)

Yesterday was Sunday, with no major economic data released yet (non-farm/CPI not due). Main developments:

1. Geopolitical news: US-Iran talks have been scheduled for July 11; Trump spoke with Putin and Zelensky, and expectations for a political resolution to the Russia-Ukraine situation have risen → a brief boost to risk appetite.
2. Carryover impact from earlier: Last week’s US June non-farm payrolls came in unexpectedly weak (below expectations). The market has pushed back expectations for the Fed’s next rate hike from October to December. The US dollar fell, creating a rebound window for crypto.
3. What to watch this week: Key focus on the Fed’s rate decision on July 30, and whether there is any new economic data this week (CPI is typically released in mid-month).

⚠️ The above is a market information summary and does not constitute investment advice. If you trade futures, please be sure to manage risk.
Would you like me to watch for the key signals of ETH breaking above 1800 or dropping below 1760?