Star said crypto 0706 $ETH Today's ideas

Entry point: 1755 - 1765 pullback to go long
Stop loss: 1730
Take profit targets:
First target: 1795 - 1800
Second target: 1830
Macro news | Big picture unchanged, still bullish
Macro easing expectations: US non-farm payrolls were weak, probability of a September rate cut surged, macro "shackles" loosened, capital dares to rush into risk assets, ETH naturally benefits.
ETF and institutional funds: BTC ETFs from Wall Street giants like BlackRock continue to attract capital, with obvious spillover effects. Grayscale's ETH trust has also started to see net inflows, institutions are quietly accumulating chips.
Geopolitical risk-off cooling: The Middle East ceasefire agreement cooled risk-off sentiment, capital fled from gold back to the crypto circle, BTC leads the charge, and ETH's catch-up rally logic is very strong.
Why give these points?
1800 is a hard resistance, don't go head-to-head:
Today's high hit 1800 and then turned back, indicating heavy selling pressure here (round number + previous trapped positions). Buying directly at 1783 leaves only about ten points of upside room, but tens of points of downside risk, the risk-reward ratio is not worth it, definitely don't chase!
1755-1765 is a "golden pit":
From a technical perspective, 1750-1760 is the "support turned resistance" level after the previous breakout. If the big players want to continue pushing up, they will first pull down a bit to shake out weak-handed retail. We wait in this pit for them, catching the dip means profit.
Stop loss at 1730 is the bottom line:
If even the strong support at 1740-1750 is broken, it means today's breakout was a "fake climax," the big players have left, and we must admit our mistake and exit. Where there's life, there's hope. #非农爆冷打压加息预期