7.11 Morning Posture Analysis

The weekend market has already started. ETH is trending up. During the session, it briefly pulled back to the 1770 level, but it didn’t break down. Support below is very strong. Since everyone is resting over the weekend, market volatility won’t be too high. In the short term, both longs and shorts have room to operate; friends who aren’t fully confident about their trades are always welcome to come find Jinning.
From the current order book/structure, the daily chart, after a period of brief consolidation, has once again closed with a bullish candle, indicating that the rebound structure remains intact and there is still some room for upside. The current minor pullback is just a correction/retest during the uptrend. Looking at the smaller timeframes, it’s moving through a pattern of rally, consolidation, and then another rally—like climbing stairs: pause for a bit, then continue upward. If the market develops in this way, with higher lows continuing to form, as long as the uptrend structure isn’t broken later on, we will continue to look for upside. For the morning, the suggested trading idea is to focus on buying on pullbacks.
Trading Strategy
Posture/ETH 1770-1790 can be long, target around 1820-1850 #以太坊 $ETH