7.15 Morning ETH Analysis:

Short around 1890-1898, first target 1865, second target 1840, defense 1915.
After a strong rally on the 15-minute timeframe that hit the 1897.99 high, it faced resistance and pulled back. The near-term upward momentum has slowed, and the price has entered a high consolidation range after the rise. The fast line EMA7 turns downward; the price continues to retest and tap the support of the medium- and long-term moving averages from the high. During the push higher, the trading volume gradually decreases, and the willingness of chase-buyers keeps falling. The market repeatedly attempted to break through the 1900 psychological level but failed to form an effective breakout; the repeated “spike up then fall back” suggests that sell pressure above keeps increasing. Short-term bullish momentum continues to be consumed. This rebound has accumulated a large amount of short-term profit-taking chips; as the price stalls, take-profit and exit pressure keeps rising. If the market cannot increase volume and hold above the 1900 level, a pullback in phases will likely begin. The trading approach should prioritize placing short positions in the rebound-resistance area; below, focus on the 1876 moving-average “lifeline” support. Once the closing price effectively breaks below the support level, a deeper adjustment is expected to come.
#美国核心CPI未达预期