7.27 Yitai: The rebound leads the whole market! Don’t chase the top blindly

$ETH Entry: Rebound around 1960-1980, keep an eye on the 2000 range. Look at 1910-1880. Those who want to do “duo” can place bids around 1910 once it stabilizes

1960 -1970 is the early-stage swing low turning platform after the prior drop. The trapped-position crowd is dense. After this rally, it quickly fell back and closed bearish, showing a strong willingness for profit-taking. And throughout the rebound, volume didn’t expand in sync—there’s a lack of incremental capital to drive it, so its sustainability is questionable. The Bollinger Bands’ overall downward posture hasn’t changed; the upper band still has the inertia to turn down. Relying on just one rebound is not enough to overturn the medium-term bearish structure. After the rebound, the risk of a second dip is always present

Market consensus has shifted to “maintain high interest rates for the whole year, with no rate cuts.” As a non-yielding asset, Yitai’s opportunity cost stays high. The medium-term valuation continues to face pressure, and it’s hard to open up long-term upside space with only a rebound#CLARITY法案进入最后关键阶段