7.23, Recap

Last night’s after-hours session and this morning’s early session traded sideways between 1920-1950, with the short-term trend leaning strong. From this afternoon into the night session, price has been oscillating between 1910-1935, with the short-term trend leaning weak. The key level to watch is the 1905 short-term moving average support; if it holds, the bounce structure stays intact. A pullback is just a technical correction.

Aggressive short order:
ETH: Long at 1910, stop loss 1890, take profit 1930. Short: 1930, take profit 1905, stop loss 1940. Valid only for tonight’s after-hours session.

Currently, the short order from yesterday has reached the first take-profit level. If you entered the trade, you can take profit in batches—close part of the position first. The short-term trend momentum has shifted from early-morning strength to afternoon-to-night weakness. Look to see whether the current price stabilizes. For the first short-term target, watch 1920. If not, you can close and re-short again, first targeting 1870. #Gate事件合约首发狂欢 $ETH ‌