7.27 Ethereum early-morning strategy



This rebound is stronger than BTC, reaching a high of 1966. After pushing up, it quickly pulled back, with greater volatility and elasticity. Its trend is correlated with Bitcoin, but the upside/downside percentage moves are more aggressive. Currently, it is close to the resistance pressure at the stage high; bullish momentum is weakening. Once BTC weakens, Ethereum’s downside space will be amplified.

Prefer shorting at highs, using resistance pressure near the highs for positioning. Short longs are only suitable for short-term trading after a pullback hits support and stabilizes; they are not meant for long holdings.

On the rebound, place staggered short orders at 1960 — 1970, with the first target at 1918#比特币$BTC $比特币$
BTC1.41%
ETH4.09%
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