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7.16 Intraday Posture Analysis
Price has validly held above the 1900 key level. This is no longer a temporary intraday breakout, but a daily-level close that holds.
This means the earlier box-range consolidation pressure has been completely broken. The market’s overall focus has shifted upward; the bulls have already successfully taken control of the board, and the area above has opened up sustained upside space.
From the key patterns on the 4-hour cycle:
The Bollinger Bands have overall completed the upward turn, with widening divergence. The channel has switched from the previous contraction-ranging oscillation to an open-uptrend structure. Trend is the market’s biggest inertia—before you do anything, first identify the trend as the premise.
Trading ideas
Around 1900, for a pullback/hovering (哆); target around 1950-1980 #以太坊 $ETH