7.26 $ETH afternoon analysis

On the 4-hour timeframe, the early rally pushed up to the stage high point of 1958.75, after which bullish momentum weakened, and the price continued to fall. After touching the low at 1850.26, selling eased and the market stabilized, starting a range-bound recovery rebound. The lows gradually moved higher; downside momentum clearly ran out. The current price action is in a post-drop corrective consolidation phase. After the price pulled back to the low at 1850.26, the bearish candles gradually shrank; the rebound candles’ real bodies continued to expand. The lows kept rising, forming a clear stop-the-fall recovery structure. However, above, there is still multiple overhead trapped-long pressure created by the earlier decline. During the rebound, the market will likely experience choppy oscillations again and again, and it has not yet moved out of a one-way bullish advance.

YiFan’s personal suggestion: around 1810-1855, short-term (difficulties); target around 1910-1950 #BTC #ETH #BTC走势分析