7.22 Bings Analysis

Analysis: Watch the 1880-1900 zone, then see 1950-2000; hold 1860.

On the 15-minute timeframe, the market has been ranging and climbing steadily from the low point of 1852. After reaching 1953, it entered a short-term consolidation and ranging phase. This pullback in the current cycle is only the liquidation of profit after the high. During the adjustment, there has been no sustained increase in volume on the sell side to pressure the price downward. Prices have continued to be supported by the short-term moving averages, and the recent pullback lows have not kept dropping lower. The short-term upward structure has not been broken yet. The current consolidation is like cleaning up floating gains during an uptrend, with stable buy support underneath. Wait for price to pull back to the support area to build long positions, aiming to see the market probe the previous high resistance again. After breaking above the previous high, more upside room will be further opened. #特朗普同意Clarity法案纳入伦理条款 $ETH ‌