u姐7.16$ETH Morning thoughts


Large holders fully sold out all ETH spot around 1931; predicting the rebound’s ceiling this round at the 2000 level. The rebound’s late-stage “tail-fish” characteristics are clear. In the case of the second coin, it is currently consolidating sideways at high levels. On lower timeframes, indicators have formed a top divergence. There is no incremental buying entering to provide support, and the upward momentum for longs is continuously weakening. Profit-taking inside the market is showing a strong intention to exit, and the risk of a sharp rise followed by a pullback is very high.

Today’s key approach: sell short on highs. Place short orders in the 1930-1950 range during the rebound, with a stop loss at 1970. The first target is 1880. If the price breaks down and falls through, look toward the 1850 area.

At this stage, don’t blindly chase longs at high levels. Any orders that enter must strictly carry stop losses, and keep position sizing reasonable.
ETH2.24%
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