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7.14 morning double-dish analysis
Analysis: Set up for a range trade near 1800-1820, looking at 1750-1700, and defend at 1840.
After the overall big-cycle high at 1848 pulled back, the medium- and long-term moving averages have continued to slope down. This rebound is only a repair move following a deep selloff. The price has repeatedly tested the horizontal resistance zone above; upward momentum is gradually weakening. The K-line bodies are narrowing, showing a stall-up pattern. In the short term, profit-taking and above-range trapped positions create a double selling pressure. If the rebound cannot break through the resistance zone with volume, the market will return to a falling trajectory. In terms of trading, short in the direction of the move when rebounding to the resistance level #沃什听证会撞上CPI #伊朗宣布关闭霍尔木兹海峡 $ETH