7.20 ETH morning analysis


In the past two days, price fluctuations have kept narrowing. Prices have been swinging back and forth in a tug-of-war, with long and short positions holding fairly equal disagreement. There is currently no one-way trend in the short term, and the overall market has entered a range-bound consolidation phase. Technical indicators have shown a low-level golden cross signal, and bullish rebound momentum is gradually strengthening. There is a short-term opportunity for upward correction.
Accumulation buy-the-dip reference range: 1850-1880; expected upside range: 1900-1950. Set stop-loss between 1780-1800.
Warm reminder: Market conditions change quickly. Manage position and risk reasonably. These are personal views only for discussion and exchange.
ETH-2.13%
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UnknownWind
· 07-20 21:30
Rush
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MinerLegacy
· 07-20 04:59
Are the stop-loss levels from 1770 to 1800 a bit wide? Based on your range, the risk-reward ratio is usually not great—why not wait for a clearer entry/exit level?
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CrossChainYoga
· 07-20 04:38
This range-bound chop has been going on a bit too long, but the bullish crossover at the low end is definitely a signal. I’m planning to try with a small position; just make sure the stop-loss is set.
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LeekMemoir
· 07-20 03:40
Bro, be steady—try adding a bit around 1,850.
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BridgeCourier
· 07-20 02:39
Thanks for sharing. I’ve already set a stop-loss.
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MEVRonin
· 07-20 02:34
The analysis is quite detailed, but I think market sentiment is still not stable, and US policy has been repeatedly changing as well—so be careful of a fake breakout. It’s safer to wait for confirmation signals before entering, after all, fund safety comes first.
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