7.16 ETH analysis

ETH has been getting tough lately!! It’s completely the rhythm of pushing aside the big brother and going solo!
The ETH/BTC correlation coefficient has fallen below 0.3, the dynamic beta has dropped to 0.6, the Bollinger Bandwidth Index has surged to the 75th percentile, the CMO and the A/D lines are moving up in sync, and the big brother’s gravity is weakening.

This leg of the rally is a short-term deviation-repair impulse driven by liquidity expectations. After spiking up to build the segment impulse top at 1946, the incremental bullish momentum quickly collapses. The Bollinger upper band line is flattening as it converges; price lingers and stagnates within the band-suppression range, and the upside extension wave declares its end.
RSIs across multiple timeframes are synchronously stuck in the overbought dulling range; incremental momentum growth gradually exhausts, and a momentum gap forms as bulls continue pushing higher. Combined with the Fed’s hawkish remarks tightening expectations for easier policy, high-volatility altcoin-denominated assets show a premium pullback to build up strength. The current narrow-range consolidation is only a high-level position shuffling to lure longs; the upper band forms rigid damping, so rebound continuation lacks sustainability.

Trading suggestion: 1950-1980箜, target 1880-1800.$BTC $GT $SOL #PreIPOs第二期OpenAI认购