$ETH Crypto “academician”: On 7.20, Ethereum (ETH) moving averages are tightly intertwined, releasing a major signal. Is Ethereum’s next new round of market action about to land? Latest market analysis for reference

　　
　　Ethereum’s current price is 1858. This ETH market looks exactly like summer weather: one second it’s blazing as ETH surged to 1946, and the next second a bucket of cold water is poured on it as it pulls back, stuck at 1858 without rising or falling. Many people ask me whether to add to their positions or cut losses. The answer is simple: if you can hold and you’ve set a stop loss, then hold; if you can’t hold and you didn’t set risk controls, then it’s better to take profits and lock them in. When the EMAs are sticking together and the MACD momentum is shrinking on lower volume, the plain truth is that the market is waiting for the wind to blow—and so are we
　　
　　On the daily (D) chart, price is above EMA15 and EMA30 short-term moving averages, but it’s still being suppressed by EMA60. The moving averages are arranged in a northerly/upward alignment, but their slope is slowing down. MACD’s red histogram bars continue to shrink. Even though DIF and DEA are still forming a golden cross, the momentum has clearly weakened. The Bollinger Band midline support around 1782 is effective; the upper band at 1949 is a strong short-term overhead. Overall, the market is in a ranging consolidation phase after a rebound, with signs that upward strength is fading
　　
　　On the four-hour (4H) chart, it’s near EMA15 and sticking close to EMA30. Short-term moving averages keep crossing back and forth, with prominent oscillation characteristics. The price is under pressure below the Fibonacci 38.2% level. The Bollinger Band midline support at 1854 is weak; the upper band at 1884 and the lower band at 1824 form a narrow channel. MACD’s DIF and DEA are almost glued together, the red histogram keeps shrinking, and momentum is approaching zero—indicating fierce north-south tug-of-war in the short term, with direction still not clear, as we’re on the eve of choosing a direction
　　
　　Short-line references:
　　
　　If the downside from 1820 to 1790 is not broken (north-up holding), set a stop loss at 1760, with targets at 1880 to 1920
　　
　　If the move down from 1920 to 1960 is not broken (downside/sell-off holding), set a stop loss at 1990, with targets at 1880 to 1830
　　
　　Actual execution should mainly rely on real-time order book data. For more information and details, you can check with the author. There is a publishing delay for the article; it’s recommended to use it only as reference—risk is yours to bear ‌#GateDEX全面接入RobinhoodChain