Market outlook: ETH (2026-7-25) in the morning

The “two bing” stayed fully in sync with BTC’s weakness throughout; its decline was larger than BTC’s. The current price is around 1860. Multiple attempts to break through the 1950 resistance have all failed. Market capital attention is far lower than BTC’s, and there is no independent行情.
The daily chart repeatedly coils around the short-term moving averages; the 1900 level has fully turned into resistance. A large amount of trapped positions has piled up above between 1930 and 1950, making it difficult for any rebound to break through all at once. On the downside, the key support is around 1820; if it breaks, downside room opens up, with the next support at 1780.

Trading strategy:
Short-term trades are only suitable for range-bound swings. Take profit if the rebound is pressured above 1900. On a pullback near 1850, try a small long position. Under macro rate-hike expectations, rebound strength is relatively weak.
For “two bing,” trade around 1885-1905 range; aim downward for 1825-1855. $BTC #直通IPO第二期JerseyMikes