$ETH Crypto “academician”: July 23 Ethereum (ETH) is oscillating and rising—this is by no means the end. A deep analysis of the logic behind Ethereum’s mid-term trend operation? Latest market trend analysis for reference

　　
　　Ethereum’s current price is 1940. Many friends have privately messaged asking whether they can enter with a heavy position in Ethereum next. Here, I want to remind everyone in one place: there is still uncertainty in the current market. The resistance level above has not yet been effectively broken through, and short-term risks cannot be ignored. The market always has the next opportunity—don’t impulsively “go all in” at the moment. Follow the existing trend with a light-position layout, and strictly implement risk-control rules. Market fluctuations are always the norm. Don’t get complacent just because of short-term profits, and don’t panic because of a small loss. Stay rational, adhere to trading principles, and make every trade solid—that is the key to long-term profitability.
　　
　　The daily K-line is currently in a crucial tug-of-war range. The price holds above the Bollinger middle band at 1828, and it is running above moving averages such as EMA15 and EMA30, indicating a bullish mid-term trend. The MACD indicator’s DIF and DEA continue to form a golden cross; the red histogram keeps increasing in volume, and bullish momentum is still being released. The strong overhead pressure is near the Fibonacci 78.6% level at about 2242. The key support below is around the prior low at 1503. In the short term, attention should be paid to the validity of a breakout above the 2000 psychological level. If it stands above with increased volume, the bullish upside room will be further opened.
　　
　　The four-hour K-line is within an upward channel. The price hugs the upper Bollinger band at 1962, showing strong bullish strength in the short term. The EMA moving-average system shows a bullish arrangement: EMA15, EMA30, and EMA60 rise in sequence, forming step-like support for the price. After the MACD indicator’s DIF and DEA golden cross, the red histogram bars shrink in volume, suggesting a short-term need for a pullback. The Fibonacci 38.2% level at 1870 is strong short-term support, and the 23.6% level at 1730 is the bullish defense bottom line. If the pullback does not break, the trend is highly likely to continue its advance.
　　
　　Short-term reference:
　　
　　If price does not break below 1850 to 1800 while moving north, set a stop-loss at 1760; targets are 1930 to 1970
　　
　　If price does not break below 1980 to 2020 while moving south, set a stop-loss at 2050; targets are 1930 to 1890
　　
　　Specific actions should mainly rely on real-time order book data. For more information, you can check the article by the author. Since the article is published with a delay, it is recommended for reference only—risk is your own responsibility ‌#特朗普同意Clarity法案纳入伦理条款