7.16 ETH near 1925, target 1900/1870

If you want to do the long, you can enter around 1900 for long, stop at 1870, targets 1935/1960.
Short-term focus:
Upward resistance: 1945-1950
Breakout to watch: 2000
Downward support: 1900
Strong support: 1870

ETH rebounded from the 1748 low all the way. On the 1H timeframe, there have been continuous volume expansion and upward moves. It has currently reached a high around 1946, and the short-term has entered a high-range consolidation phase.

The strength of this upswing is relatively strong. Price has reclaimed the 1900 level, and the moving average structure has also started to fan out upward, indicating that the bulls temporarily hold the initiative.

However, after pushing up to 1946, the chart began showing continuous sideways movement. Repeated tests of the 1930-1950 area have failed to achieve an effective breakout, suggesting short-term sell pressure here is being released.

The most common mistake the market makes is: seeing the rise and chasing the momentum, seeing a pullback and panicking.

Right now, ETH looks more like a high-level consolidation after an upswing, not a direct reversal.

For the short term, the key is the 1900 support. If it holds, the bulls still have a chance to continue pressing toward 1950, even 2000. If 1900 breaks, you need to guard against the price pulling back to around 1870 to find support again.

After trading for so many years, I’ve seen too many market moves. The real difficulty is never just understanding the direction, but maintaining your own rhythm in the face of temptation and fear.

When the market offers opportunities, it never rings bells and drums. Real profit is often hidden in the moment when most people hesitate. $ETH #ETH