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7.22 early-morning thoughts
Big Brother (second brother) previously surged up and then fell back with a slow decline, but it has still been trading within the high-level box range without breaking the consolidation structure. The support below remains strong.
On the hourly chart, the trading range is 1890-1910. This zone is the key upper support band from the prior “Jintou” (big whale) buildup and launch. As long as the price does not effectively break below with volume, the medium-term “Jintou” trend remains unchanged.
We’re currently in a small bull cycle, so there’s no need to be overly strict about finding the perfect entry price. The lower end of the consolidation range resonating with the lower Bollinger Band creates strong support; you can follow the “Jintou” position by relying on the support area.
Big Brother, do “Jintou” near 66000-65700
Target: around 67300-67700
Second Brother, do “Jintou” near 1890-1870
Target: around 1970-2000
#ETH突破1900美元 $BTC $ETH