7.13 Monday ETH morning outlook

Ethereum’s current price is around 1804, down slightly 0.17% over the past 24 hours, trading in a range of 1778-1829. Following Bitcoin’s tight range movement, momentum is relatively weak, trading volume is quiet, and we’re still waiting for the US CPI data to provide direction.

On the flows side, Ethereum spot ETFs ended eight consecutive weeks of net outflows and turned to a stage of weekly net inflows. Institutions are positioning at lower levels, but the share of short positions among retail traders is relatively high, and there is a lack of sustained buying support in the short term. Long-term, staking lockup volume remains stable; the on-chain deflation mechanism continues to run, providing a floor. The macro logic is consistent with Bitcoin: the Fed’s slightly hawkish tone caps upside, and price action remains correlated with the broader market.

Technicals are neutral overall, with daily charts under pressure from short-term moving averages. Near-term resistance is 1820-1830; only after holding above it can we look toward 1850-1900. Near-term support is 1770; the key defense level is 1720. If 1720 breaks, the rebound rhythm will weaken.

Trading suggestion: look for a move within 1800-1820, target 1760; if it breaks, you can see 1720$BTC $ETH $SOL