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ETH Personal advice for reference only
7.6 First order: 1775 short
Take profit 1755
Stop loss 1790
Basis for judgment
On the larger timeframe, a third buy point formed inside the 30-minute trend consolidation zone, and the low did not break below the third buy point, so the larger timeframe third buy point is valid. However, combined with today's volume, the daily and 4-hour lines show heavy selling pressure, which limits the rebound and prevents a large rise. Short-term bears have the advantage.
Today, the major-level third buy point low of 1747 was not broken, but due to the major-level suppression from the daily and 4-hour lines, it is difficult to form a decent rebound. As long as 1747 is not broken, the third buy point remains valid, and we trade within a range. If the previous low of 1747 is broken, switch to short.