Yang Guang bit | July 24 $ETH precise strategy—grasping the trend start to finish

Today’s plan

Short entry timing: rebound to the 1892-1905 zone
Short averaging-in range: rebound to the 1912-1920 zone
Stop-loss: place a stop-loss above 1925 if it holds

Take-profit in stages
First take-profit target: 1855-1860
Second take-profit target: 1838-1845

Light long position reference: pull back to 1838-1845, stabilize before entering a light position; stop-loss below 1830; targets 1880-1890, quick in and quick out

Core takeaway

ETH’s earlier peak at 1958.75 formed the top during the building phase. The price has continued to trade sideways and drift downward, and is currently around 1875. The market is pricing in potential hawkish expectations ahead of the Fed rate decision; long capital continues to withdraw. The market is closely moving in tandem with BTC, lacking independent positive narrative support; spot ETF inflows are continuously shrinking. On-chain, short-term profit-taking positions are being cashed out repeatedly. On the 4-hour timeframe, there is an effective breakdown below multiple moving average supports, confirming the downtrend. The key resistance above is the 1892-1905 zone; the main support below is the 1855-1860 zone. Today’s approach should focus on trading in line with the trend: prioritize setting up shorts on rebounds. Short-term longs are only suitable for extreme pullbacks to support, using small position sizes for a tactical bet. $ETH ‌#布伦特原油重返100美元 #美国对60个经济体加征关税