7.22 $ETH Biscuit long setup

Entry: 1912 - 1920 for long
Defensive stop-loss: around 1906
First target: 1932 - 1938
Second target: 1943 - 1948
ETH dipped in the early morning to touch the 1912.44 low, then exited and stabilized before launching an upside push. After the price retested, it showed continuous repair rebound. The short-term pullback is just consolidation and a washout during an ongoing uptrend. Bear momentum has been released sufficiently and did not continue into a deep selloff. The 1912 to 1920 range below is the key support zone for this round of rebound. Multiple probes into this area saw funds step in to bottom-fish and absorb; on the 5-minute timeframe, the downside volume has kept shrinking, and selling pressure has gradually exhausted. The rebound-upward structure initiated from the lows remains intact for now—only brief consolidation and rest during the rise. As long as the core support at 1912 does not break down effectively, the staged long bias will not be damaged. The 1906 stop-loss defense below leaves ample tolerance buffer; unless there is a concentrated large-volume dump that breaks through the defensive level, the room for further downside is limited, and the repair-rebound trend still has a chance to continue. Therefore, plan to stabilize in batches within a wide support zone for staggered entries and take profit in tiers: the core idea is to wait for pullback support to go long and trade a rebound. Build a long position layout based on the lower key support gradient, and bet on a repair-and-up move through the overhead pressure zone. Don’t chase during the ranging market—wait patiently for an appropriate entry point. #特朗普同意Clarity法案纳入伦理条款