July 20, 2026 market analysis: The current market has not changed much compared with last week overall. It is still rebounding up from the lowest point, targeting the pullback from the higher levels. In the short term, ETH looks weak while BTC is strong; the overall trend looks relatively healthy. After an upward push early this morning, it then pulled back—making the overall uncertainty even greater. As for our trading approach, we should keep a wait-and-see stance. Subjectively, Fengye’s judgment leans more toward the bulls. At least, there will be one last bullish rebound wave before a corresponding major pullback at the overall level takes place—possibly even before the market returns to a downward trading rhythm. This also suggests that recently, our trading mindset should be as cautious as possible. For now, Fengye still leans toward the bulls, so our overall approach remains primarily bullish. If you think Fengye’s analysis is good, please follow. From Monday to Friday at 8:30 PM, Fengye will share the latest market updates and strategy ideas in the Gate livestream room. Wishing you plenty of profits in the new week #eth