$ETH

7.13 Ethereum evening analysis
The daily upward channel remains intact. The coin price steadily holds above the Bollinger mid-band. This round of pullback is only a technical correction during the rise, and the long-term bullish trend has not been broken.

After briefly dropping below the Bollinger mid-band on the 4-hour timeframe, it reached the 1772 key support. The KDJ has entered deep oversold territory, and the short-term selling momentum has basically been exhausted. The MACD bearish green histogram has limited expansion, and there is no effective breakdown signal. As long as support holds, a repair rebound could come at any time.

On the 15-minute timeframe, it turns long first. The MACD golden cross is overlaid with the KDJ turning upward, and short-term bullish momentum continues to build. For the evening rebound, the first target is the one-hour Bollinger mid-band pressure at 1800.

Trading reference: range 1775-1780, short-term buy; target down to 1750-1730