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7.21 afternoon $ETH analysis
Current price 1938.17, up 4.24% today; the full intraday trading range is 1852.66-1953.64. Total market trading volume for the day is 8.7B, with net inflows of 387 million. Incremental funds that keep entering the market continue to prop up the order book, resulting in a coherent one-direction rebound.
After the market completed a bottom reversal from the 1802.46 low, it formed a standard upward channel with both higher lows and higher highs rising in sync. After this round surged to the 1953.64 stage peak, it pulled back slightly for consolidation; the current price is running closely along the upper Bollinger Band. The medium-term bullish structure remains intact. In the short term, it has entered a consolidation-and-accumulation phase after being overbought at a high level. Recently, together with BTC, 一凡 has always reminded everyone to chase shorts—now at this position, chasing is not very meaningful. 一凡’s personal suggestion: sell around 1950-1995, target around 1925-1880 #BTC #ETH #BTC走势分析