July 8 ETH

Fundamentally, the US stock market opened low and moved lower, with prices once boosted by a rebound.
Additionally, the US military launched a new round of offensive strikes against Iran, using precision-guided munitions to hit more than 80 targets, in direct response to recent Iranian attacks on merchant ships navigating the Strait of Hormuz. The ceasefire agreement is unraveling, geopolitical risk premiums are returning, and prices quickly pulled back.

Technically: The 4-hour chart remains in a consolidation range after an upward trend, excluding the upper and lower wicks. The core fluctuation range for the current 4-hour period is 1809-1757;
On the hourly chart, the expanding pattern has not changed, with the maximum adjustment range being 1824-1703.

Therefore, in terms of operations: The first entry point for long positions: When the price drops to around 1703 and then rebounds back to 1757; The second entry point: When the 4-hour chart closes steadily above 1809, or the hourly chart holds above 1824, this is also the main entry point. If the hourly chart breaks below 1703, then switch to a bearish stance.
If there are trading signals in the future, I will share them immediately. Details: Explained in the evening live broadcast!