7.21 livestream recap $ETH

On the 19th, a support rebound occurred between 18:20-18:30; on the 20th-21st, it continued to repair. Price rebounded back into the 1800+ area, rising to 1920+. The long side structure has been significantly repaired.

1870 has shifted from a strong resistance to an important support.

Moving averages: Price is above multiple short-term moving averages, running near the channel upper band. The structure has moved from weak range trading to stronger range trading.

Ultra-short support: 1900-1910, the recent rebound low. Dynamic support from short-term moving averages—holding it means the intraday rebound structure remains healthy, and it’s the strongest area for intraday buy orders.

Short-term support: 1870-1880, former resistance turned support. An important structural level in the medium term—if the pullback doesn’t break, the bulls will likely continue.

Medium-term support: 1850-1820, the prior consolidation buffer zone. Dense short-term lows—this is the medium-term bull structure defense line.

Short-term resistance: 1930-940: the first resistance area of the rebound. A nearby short-term high zone.

Key resistance: 1945-1955, prior overbought highs.

Higher resistance: 1960-1990, along the upper edge of the weekly and daily channel, a major psychological level.

Overall trend: The rebound repair is strong, and bulls dominate in the short term.

Today’s core: 1920-1940 is the pressure zone.

Breakout: If the rebound continues, look toward 1968-1990, further strengthening the bull structure.

Pullback on resistance: A normal shakeout. Retrace 1900-1870, then continue with the long-side mindset.

Intraday ideas:

Longs: Buy near 1910-1920. Stop-loss: 1890. Take-profit: 1930-1940—1946—1968-1990.

Shorts: If price meets resistance at 1930-1940, take small shorts. Stop-loss: 1955. Targets: 1900-1870.