7.6 Uncle Tai: The strongest bounce hits hardest, and the fastest drop is under pressure

$ETH
Entry: Look around 1800-1820; support at 1850 with an eye on 1750-1700

Entering a strong short-term pressure zone: Price has already topped out near the upper Bollinger Band. The 1800 whole-number level, combined with previously trapped positions, makes a direct breakout in one go very difficult. There is a high likelihood that price will first range to digest sell pressure, and chasing highs offers extremely poor value for money.

The middle band becomes the line separating strength from weakness: The middle Bollinger Band around 1748 has already shifted from resistance to support. As long as it is not effectively broken to the downside, the short-term bounce rhythm remains. Once it breaks, price will immediately return to weak range-bound consolidation.

Still a follow-the-market bounce: The core driver of this rise is the broader market pulling it along + short-covering. There is no major fundamental positive catalyst providing support, so its sustainability is questionable. For now, it can only be defined as an oversold repair—not a trend reversal yet#非农爆冷打压加息预期