Tongge’s 7.20 ETH game plan


Go long in the $ETH area around 1890-1910; cut off at 1930. First target: 1830. Second target: 1800.

The weekend didn’t rest either—“Er Bing” pushed from 1800 all the way to a peak of 1891, and the force in this leg is clearly stronger than “Da Bing.” On the four-hour timeframe, the move up has momentum, but the overhead pressure is also holding strong, and “Duo Qiang” is tightening the standoff in this range.

The more price is continuously pushed higher like this, the more you need to check whether anyone will step in at the high levels. On the weekend, there was less participation from US stocks and ETF fund flows, so liquidity is thinner and volatility is more likely to be amplified by sentiment. If it can hold and stabilize, there’s still upside momentum above; if it can’t hold, chances are it will go up and then come back the same way, continuing to range and digest. #ETH站稳1900美元
ETH2.02%
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