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7.16 Jinglu Market Preview (Morning Brief)
After ETH initially surged to test the 1946.75 peak and then rebounded, its upward momentum gradually faded. The price failed to keep breaking to new highs and subsequently moved into range-bound consolidation. A short-term slight rise is only a rebound and repair; the prior high area overhead faces strong resistance. With the bulls’ continued push proving weak, upside room is gradually constrained. At higher levels, profit-taking needs are present, so for the next phase we still remain bearish.
Trading Suggestions
Short from 1940-1960
Target range 1800-1750$ETH #USDT充值理财双重奏 #美军结束对伊朗新一轮打击 #PreIPOs第二期OpenAI认购