July 29 morning: Erbing analysis

Erbing’s price is stuck between 1855 and 1929. It’s currently near the upper boundary, but the 1929 level is clearly under pressure—twice it failed to break through. The news flash said that stocks going up could actually pull capital out of the crypto market, which is a good reminder: if the tech stocks on the U.S. side remain strong, it will be hard for Erbing to independently push up the market.

In the short term, we’ll see whether 1929 can break through with volume. If it does, it may move toward 1950. If it can’t, it will likely pull back toward around 1880-1890.
Personal suggestion: short in the 1920-1960 area, target 1840-1810#明尼苏达预测市场禁令被叫停