7.24 ETH around 1870 is a “qingcang duo,” target 1900/1930. These two days it’s moving in a range—when it’s the time to go back and forth again.


Ye Shifu will be around 1910-1920 “qingcang yu,” stop-loss set at 1940, target 1870.
Looking at ETH on the 1H timeframe, price has been under pressure and pulled back from the 1958 high point. It’s currently consolidating around 1875, and has broken below the short moving average in the near term—bearish pressure has been relatively clear.
But the 1840-1870 zone below has previously been buying-supported multiple times; for now, treat it as a key defense level.
On the news front, the market is still repeatedly battling over expectations for Fed rate cuts, changes in ETF inflows/outflows, and risk sentiment.
In recent times, macro uncertainty has increased, and safe-haven sentiment has put pressure on high-priced assets.
With 9 years of trading experience, having gone through bull and bear markets, I don’t chase pumps or panic-sell—I only trade setups I can understand.
The real opportunity always belongs to those who can wait and can execute.
Trading isn’t about who acts faster, it’s about who can keep their own rhythm amid the chaos. $ETH #ETH
ETH-2.33%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned