7.28Jack Morning Bing Pancake Market Overview Analysis and Strategy

In the early phase, after forming a high point around 1960, the moving average group turned downward in sync, and the trend officially entered a weak phase. Subsequently, price continued to trade sideways and fall; the rebound highs keep moving lower, and each upward attempt to test is unable to reclaim the moving-average resistance area. Bear power remains dominant.
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As the market continues to retreat, the low dipped to 1865, after which it saw short-term stabilization. The current price is around 1879, fluctuating slightly and consolidating. At this stage, focus on two key levels: support at the prior low of 1865 below—once this support is effectively broken, the downside room will continue to expand; the first major resistance above is concentrated in the moving-average zone— to reverse the current relatively weak posture, price needs to hold above the resistance level.
Strategy:
Trade suggestion: trade within a range
Trading range: 1850-1870
Defensive stop-loss: 1830
Ziying in stages
1️⃣ Ziying: 1890
2️⃣ Ziying: 1920#二饼 #以太 $ETH