7.21 ETH Analysis



After the Bollinger Band width widened, the price ran close to the upper band at 1924, forming a typical “track-pulling” effect. Although short-term it is biased bullish, mean reversion pressure accumulates as the RSI6 slope is dulled— the difference between RSI6 and RSI12 has narrowed to 2.85. If within two candlesticks the price fails to break above 67.5, it will trigger the early warning of a bearish divergence top. 1924 is also the intersection of the Fibonacci 0.618 extension level and a high-density price peak of the order book; any breakout needs volume buildup and confirmation. Below, 1907 is the intraday pivot between bulls and bears; if it is lost, it will accelerate a retest toward 1884 (Gann 1×1 line support).

The Iran–US military conflict continues to escalate. The threat of the Strait of Hormuz being closed could disrupt about one-fifth of global oil supply. War lifts oil prices → raises inflation expectations → inflation expectations constrain the Fed → risk assets come under pressure. The crypto market cannot escape this feedback loop.

Trading suggestions: Buy in the range 1920-1950, target 1850-1800.
Buy in the range 1850-1870, target 1910-1960.

Suggestions are for reference only; actual trading depends on the specific situation! $BTC $GT $ETH #加密市场回升
BTC2.25%
GT0.59%
ETH2.66%
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