7.27 Market Overview & Position Analysis



Second-baked Silk Road reference layout
Entry range: around 1960—1980
Stop-loss: above 1995
First target: 1920, second target: 1900

ETH on the 1-hour chart rebounded from support at 1846, then consecutively broke through 1900 and 1930. After surging to 1966, it saw a technical pullback. Price is holding above the moving averages, and the upside structure remains intact; 1930 has turned into a key support.

The market is boosted by the Fed’s policy and ETF inflows, but the consecutive rise has built up a large amount of short-term profits. Do not chase longs at high levels; wait for the pullback support before setting up your trade. #ETH重返1900美元 #美军13天轰炸伊朗后停火 #直通IPO第二期JerseyMikes $BTC $ETH
BTC1.57%
ETH4.48%
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