Xingge Says Crypto｜0722 ETH Daily Thoughts

Yesterday, Erbing bounced back from around 1900 and moved all the way to around 1940.

The strength of this upswing is still relatively strong. Currently, the price is consolidating around 1930.

My thoughts for today:

On the downside, focus on the opportunity when prices pull back.

The 1900-1910 area is the short-term support zone.

If the pullback doesn’t break here, you can look for a duo opportunity.

Go a bit deeper to the 1870-1880 area—this is a strong support zone.

On the upside, 1940-1960 is the short-term resistance zone.

If price spikes up to this level and then shows signs of pressure, you can look for a kong opportunity.

Right now, Erbing’s price action is still relatively strong, so I don’t recommend chasing a kong trade blindly.

Trading is more about position and timing.

When the price reaches the right level and the signal appears, then consider entering.

You don’t need to trade every day. What matters is: when an opportunity comes, you have the courage to act; when there’s no opportunity, be patient and wait. $ETH ‌#加密银行Augustus融资1.8亿美元