7.21 ETH around 1910 is choppy/flat, target 1870/1840

If you want to do a D-type setup, do it around 1870 with choppy/flat D; stop at 1830; targets 1900/1950.
From the ETH 1H perspective, after rebounding from the 1802 low, the price has been strengthening all the way; it is currently pushing above 1900.
In the short term, the moving averages have turned upward again, indicating that bullish momentum is recovering.
However, the 1900-1930 area has clearly visible trapped positions from earlier; if price keeps making highs but can’t break through, a pullback is likely to occur.
On the news front, ETH has recently been supported by expectations of ETF fund inflows, with renewed institutional attention; the price performance is also noticeably stronger than some major coins.
But after a rapid short-term rally, the market’s profit-taking is also increasing, and the risk of chasing the price is rising at the same time.
My thinking remains to go with the trend—pressure-zone trade setups for short positions.
Buy on a retest of support; don’t enter when sentiment is at its peak.
After 9 years of trading experience, I’ve seen too many market cycles. Real opportunities are never made by chasing; they come from waiting.
The essence of trading is, when others are swayed by emotions, to keep your own judgment. $ETH #ETH