7.15 Ethereum Morning Trading Strategy

Ethereum has recently shown clear market resilience stronger than the broader market. After the price climbed from 1500 to the 1800 range and completed a wide-range volatility shakeout, yesterday’s market signals have confirmed that the adjustment cycle is officially over, and a new round of uptrend is now underway.
From a short-cycle structure perspective, a complete bullish rising pattern has already been established. Around 1820 serves as the core support level in the short term. Given that the first impulsive wave in this move has extremely strong upward momentum, if the subsequent pullback happens as a corrective second wave and is repaired, the third-wave rally has a high likelihood of breaking through the downward trend resistance above. There is also a possibility that the future upside could exceed expectations.
Trading strategy: Buy on dips
● Entry range: If the price pulls back to around 1830-1850, you can open long positions in batches.
● Target levels: Look for the 1920-1950 area above. #伊朗宣布关闭霍尔木兹海峡