7.22Jack morning market overview analysis and strategy

In the early stage, the market kept rising. After hitting the peak of 1943.98, bullish momentum gradually weakened. The price subsequently broke below multiple moving averages one after another, and the trend shifted into a correction phase. Current price is 1931.22.
Currently, the price is running persistently below the moving averages, and the moving average system has formed overhead resistance. In the short term, the market is seeing repeated back-and-forth between bulls and bears, with a clear choppy/sideways character. Focus on support around 1925. If this support is broken, the room for further correction will expand; if support holds, the short term will likely maintain back-and-forth fluctuations within the range.
At the moment, the market direction is not yet clear. The price action is repeatedly changing, so it is not suitable for frequent trading. Wait as much as possible for a breakout from the range and for a clear trend to form, then look for a suitable opportunity.
Operation: firmly trade the range
Operation suggestion: 1880-1900
Stop-loss protection: 1850
ZhiYing target levels:
1️⃣ ZhiYing: 1940
2️⃣ ZhiYing: 1950#以太坊