7.7 Morning “Second Pie” Analysis

Analysis: Consider selling/shorting around 1810–1830, target 1750–1700, and set a stop loss at 1850.

After spiking to the high of 1833, it continued to consolidate and then fell back. After the market completed a round of a significant surge, a large amount of profitable positions accumulated in the market. The spike was only a short-term rotation of capital, not a continuation of the upward move. The price has already broken below the short-term moving averages, and bullish momentum is gradually weakening. In the subsequent rebound, prioritize shorting near the upper resistance zone. The previous high at 1833 is the key turning point. If the rebound lacks strength and cannot break through, selling pressure will continue to be released#GT二季度销毁257万枚 $ETH ‌