7.8 Zhang Lihui: The king's call to push the short-term bearish pattern has been reversed! Can Ethereum's daily key resistance break through and surge? How to position ETH today? #Strategy上周减持3588枚BTC Edited by Zhang Lihui 168118 at 1:02 AM Beijing time on July 8, 2026: Ethereum market analysis and trading suggestions:

In the past two days, Ethereum has repeatedly bounced off the support level of the 1-hour MA120, forming a rebound. At the current level, the Bollinger Bands have contracted and are now expanding, with the upper rail rising close to yesterday's high. The MACD shows increasing bullish momentum on the zero line again, with the fast and slow lines returning to a golden cross and continuing upward. The KDJ and RSI have turned up and are approaching overbought territory. Lihui believes that the coin price may test higher levels in the short term.

On the 4-hour level, the Bollinger Bands are still in an upward contraction pattern without significant expansion. The K-line is testing the resistance of the upper rail, the MA300, and the EMA300 range. The MACD shows shrinking momentum below the zero line, with the fast and slow lines facing a second contraction after a death cross at a high level. The key focus above is the resistance range of the high from the 15th of last month, the upper rail of the 1-day line, and the MA60. If the breakout fails, the coin price may again experience a top divergence decline. Lihui suggests maintaining a strategy of shorting at high levels.

Today's Ethereum long entry point 1: Light long below 1710, stop loss below 1660, target 1775-1840; if it breaks above 1850-1885, continue to hold.

Today's Ethereum short entry point 1: Light short above 1845, stop loss above 1885, target 1780-1710; if it breaks below 1700-1665, continue to hold. Specific short entry opportunities can be followed in real-time updates on Lihui's friend circle.

Article review and push may have delays. The market changes rapidly. Specific entry opportunities must be based on real-time operations. The suggestions in the article are for reference only. Do not trade with heavy positions. Please set stop-loss and take-profit when entering, and take profits in time!