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7.21 Two Bing market overview
Do: around 1885-1890, stop at 1865, targets 1905/1915;
Control: around 1915-1920, stop at 1935, targets 1895/1885.
Two Bing intraday spikes up then falls back. The current price is around 1895, with clear short-term downside pressure. On the 4-hour timeframe, there are consecutive candles closing with upper wicks, and heavier sell pressure overhead.
1915-1920 above is a short-term resistance area (24h high around 1917.51). If the rebound reaches this zone but fails to break out with volume expansion, you may consider taking the opposite side relative to the control. Support below is concentrated in the 1885-1890 area. If the price pulls back into this range and holds, you can try a rebound with a small position to bet on short-term stabilization/repair; if it breaks below 1865, the Do-head structure is blocked, and the downside is seen at 1850-1835.
Key range: 1885-1920
Bias: spike up then pull back; control on rebounds is the priority $ETH #ETH突破1900美元