7.25 Wang Ye Er Bing strategy

Entry range: 1800 - 1820 to go long
Defensive stop-loss: below 1780 (if price breaks the long-side core defensive level, exit unconditionally)
Take-profit targets:
First target: 1900 (initial rebound repair level)
Second target: 1950

Core logic: 1840-1855 is the lower boundary of the prior box range and a high-volume, dense chip area, forming the long-side core defense level. The current 4-hour RSI is approaching the oversold zone, and price is severely deviating from short-term moving averages. After an oversold move, there is a strong need for a technical rebound and repair. At the same time, ETH ETF flows remain in net inflows; institutional capital shows strong willingness to pick up on dips, effectively capping the room for a deep crash. A pullback that does not break the core support is a good opportunity to buy the dip, then look for a corrective rebound in line with the trend.