Crypto Academician: Are all the sideways fluctuations of Ethereum (ETH) from 7.19 just a trap to set up a one-way move? Latest market analysis reference

　　
　　Ethereum’s current price is 1840. Don’t be anxious about ETH’s current range-bound consolidation—1844 is just the market building up strength for a decisive turn. All the sideways moves are meant to pave the way for the upcoming one-way trend. The back-and-forth right now is only to wash out holders who aren’t firm in their positions. Trading is inherently a slow-paced practice; you don’t need to try to battle every single candlestick. If you can’t read it, just wait; if you’re confident, then act. Making money steadily is more important than losing money in a hurry. Keep a calm mindset and wait for the direction to land—eventually the market will give patient people the answer.
　　
　　The daily (day) candlestick chart is currently in a consolidation and recovery phase within the Fibonacci retracement zone of the earlier downtrend, oscillating between the 78.6% retracement level at 2242 and the 100% low at 1503. In the short term, the EMA moving-average group is arranged rising (northbound). EMA15 and EMA30 form support from below. The Bollinger Band midline around 1769 provides strong support, while the upper band at 1946 creates short-term pressure. The MACD histogram’s red bars continue shrinking. Although the DIF is still above the DEA, the upward momentum has clearly weakened, suggesting the rebound may be entering its late stage. The key overhead resistance levels are around the 1900 psychological level and near 1946. If it cannot break out with volume, it will most likely return to range trading
　　
　　The four-hour candlestick chart is oscillating within the Fibonacci 23.6% to 38.2% range. The EMA moving-average group is arranged rising. The 15/30/60-day moving averages form a dense support band in the 1820 to 1830 area. The Bollinger Band midline around 1867 forms short-term pressure. The upper band at 1934 and the lower band at 1800 bracket the current trading range. The MACD histogram red bars are shortening; the DIF has turned downward. There are signs of a dead cross forming by crossing below the DEA. Short-term northbound momentum is clearly weakening. The price has repeatedly met resistance around 1870 and failed to form an effective breakout. Bearish consolidation signals are gradually increasing
　　
　　Short-term reference:
　　
　　If the 1820 to 1790 area does not break upwards, cut loss at 1760, target 1880 to 1920
　　
　　If the 1920 to 1960 area does not break downwards, cut loss at 1990, target 1880 to 1830
　　
　　For specific actions, rely mainly on real-time order book data. For more information, you can consult the author. The article is published with a delay; suggestions are for reference only—risk is on you $ETH ‌#GateDEX全面接入RobinhoodChain