7.18 THENA: Weak consolidation; focus on shorting at highs

$ETH
Entry: around 1860-1880, focus on shorting; expect 1900, looking at 1800-1750

Over-sold rebound lacks momentum. Price remains under long-term pressure on the Bollinger middle band, with scarce long-side buying. The Bollinger big channel is trending downward; the current consolidation is just a continuation of the decline, with no reversal signals. In sync with BTC, the market is also weak; there is no independent upside trend. Selling pressure can be released at any time. The bigger trend remains bearish; any short-term rebound is only for repair, not a reason to casually bottom-pick for long-term longs #沃什称AI是否引发通胀取决于美联储 #美军结束对伊朗新一轮打击