July 22 Daily Bingbing Midday Analysis

Based on the 15-minute and 4-hour charts, ETH is currently in the stage of “pressure on the large cycle, repair on the smaller cycle.”

Short-term view: The 15-minute level consolidation is meant to digest the sell pressure from the 4-hour level. As long as it doesn’t break below 1911, there is still an opportunity for the short-term to repeatedly test the 1946 resistance.

Medium-term view: Before a breakout above 1960 occurs on the 4-hour chart with a high-volume large bullish candle, the overall trading approach should prioritize defense.

Personal recommendation
You can try a short dip buy order around 1915-1920, set the stop-loss below 1908, and target exiting near 1945.

Wait for the price to touch the strong resistance zone of 1950-1960 and show a stagnation/delayed momentum signal, or wait for a pullback to 1900 that holds and then enter. Avoid chasing and selling at this middle position. #特朗普同意Clarity法案纳入伦理条款