I. Ethereum: current market conditions



Benefited from the US June CPI cooling more than expected, Ethereum is performing better than Bitcoin today, leading major cryptocurrencies.

Key data:

· Current price: about $1,880–$1,890, up more than 6%–7% in 24 hours
· 24-hour high: $1,897
· 24-hour trading volume: about 2.99 million ETH, turnover amount $5.6 billion
· Total network open interest: up 12.26% in 24 hours, currently $27.2B
· 4-hour moving averages: MA5 1,862.67 / MA10 1,820.18 / MA30 1,805.87

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II. Reference for mainstream strategies

🔼 Long strategy (bullish trend continuation)

Based on: a strong daily bullish candle lifting the price; net inflows of $345 million, with buyers entering the market aggressively; the 4-hour bullish candle breaks above the mid-band, turning prior resistance into support—after consecutive bullish candles, the subsequent mild consolidation is a strong repair; at the hourly level, the Bollinger Bands fan upward, with overall highs and lows continuing to rise. Daily MACD red bars keep expanding, and the medium-term long setup is established.

Strategy type | Entry range | Stop loss | Take-profit targets
Pullback long | around 1,870 | 1,850–1,860 | TP1 1,930 / TP2 1,980
Scale-in low long | 1,839 / 1,822 | 1,833 / 1,800 | TP 1,870–1,920
Breakout chase long | stabilizing above 1,898 | 1,885 | TP 1,925
Support low long in range | 1,800–1,830 | stop below 1,715 | target 30–350 points upside

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🔽 Short strategy (pullback under pressure at high levels)

Based on: 1,896–1,900 is a near-term resistance zone. After the sharp rally, there has already been a mild pullback, which is a technical correction; the daily chart needs to hold above 1,900 to open new upward room, and a pullback may occur before that level breaks.

Strategy type | Entry range | Stop loss | Take-profit targets
High-level short | around 1,896 | 1,906 | TP1 1,870 / TP2 1,860

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III. Summary of key levels

Type | Price
Short-term resistance | 1,890–1,900
Key breakout level | 1,900 (if it holds, it opens upside room)
Short-term support | 1,870 / 1,830–1,800
Medium-term support | 1,750 / 1,715
Trend reversal signal | breakdown of 1,715–1,660

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⚠️ Risk warning: the above strategies are all from public market analysis and are for reference only and do not constitute investment advice. Crypto prices are extremely volatile—please strictly control position size, set stop losses, and make rational decisions.
ETH-3.19%
BTC-1.98%
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