7.24 ETH evening order-book observation

Throughout the day, the broader market moved in sync and stayed within a tight range. Price consolidated back and forth around 1880. External interest-rate factors continued to weigh on the market, trading activity inside the market contracted, and both bulls and bears remained cautious, with relatively heavy wait-and-see sentiment. In the evening, the range-bound “washout”/range-clearing move continued.

Resistance is at 1900–1930 above, with 1956 as the key pressure point. Support is at 1850 and 1820 below. As long as support is not broken, the mid-term consolidation structure remains intact.

Trading references:
1. On rebounds to 1900–1930, sell the pops; defend at 1950; targets at 1850 and 1820
2. On pullbacks to 1820–1850, sell the dips; defend at 1795; target around 1890
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