Analysis on July 31, 2026



The daily chart is consolidating sideways, then pushing up and pulling back. It continues to push higher. Ethereum has a tendency to keep pushing higher, and with no rate hikes, short-term fear is decreasing.

During the day: There is no absolute negative news. It should gradually push higher. To prevent a pullback, watch for a quick “pin” move; today still looks for a range-bound bullish trend.

Resistance levels: 67,200, 68,500, 2,050, 2,130
Support levels: 63,500, 62,500, 1,880, 1,820

Ethereum that day: Place pending orders or manual range orders at 1,900 and 1,880 for long entries. Set stop-loss at 1,865. Keep it stable at 1,955. Take profit at 1,970 and 1,980.

BTC that day: Don’t move first. Slowly push toward the “gold line,” which is under pressure. Pending orders at 63,500 and 63,600. Set stop-loss at 63,000. Take profit at 65,500 and 66,300.

Based on technicals and the live stream, control position sizing and risk management. For reference only.
ETH-0.38%
BTC0.09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned