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7.20 ETH around 1890, Qingcang feeling; stop at 1940; target 1840/1800. I’m always arrogant when I make calls—at 1880 I already pushed first.
After ETH probed a bottom near 1802, it rebounded quickly and is now consolidating above 1870.
Looking at the 1H timeframe, the price has moved back above the short moving average; buy-side support at the low levels is clearly strengthening, but the 1900-1950 zone above still faces pressure.
This upswing is mainly driven by a thawing of market risk sentiment, with increased attention on ETH capital in the near term.
The market remains optimistic about ETF fund flows and subsequent policy expectations.
For the short term, focus on the 1850 support line. As long as it doesn’t break down, more pullbacks can be seen as upward repair. If it breaks above 1900, there may be an opportunity to test the prior high before 1946 again.
On the other hand, if it breaks below 1850, the market will return to the consolidation range.
Ye Ge, with 9 years of trading experience, has been through countless big pumps and big dumps. The market always rewards those who are prepared—not those who chase pumps and sell in panic.
Trading isn’t about who can rush faster, but who can keep their own rhythm through the storm. $ETH #ETH