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7.6 Early Morning Ethereum Analysis
The current market maintains a rebound-repaired oscillation pattern with a slightly bullish bias. In the short term, long positions have the upper hand, but there is key pressure overhead. The trading strategy is mainly to go long on pullbacks and dips.
Short-term first resistance: 1808-1810 USD
Short-term first support: 1750-1770 USD
When the price retraces to the 1750-1770 range, place long orders in batches. The first target is 1808-1810. After a breakout, reduce positions and look for 1830-1850.