7.25 Crypto Circle Mr. Coin: Ethereum (ETH) Market Analysis Reference

Price at the line level has shown a significant pullback. Although the medium-term upward channel has not been completely destroyed yet, the upward momentum indicated is diminishing, and bullish strength continues to weaken. Switching to the 4-hour timeframe, the market has broken below the middle Bollinger Band support, MACD continues to extend green bars, and KDJ is operating at a low level, confirming the trend of adjustment. After a quick drop in the short term of one hour, the indicators have reached a low area, indicating a technical rebound and repair demand; however, the rebound is likely to be a weak pullback and is very unlikely to directly reverse the downward trend. Focus on the key price levels, with the first resistance around 1910, followed by 1940. Only if it regains stability above 1940 can the current adjustment sentiment be alleviated; the short-term support below is still around 1860, and if it effectively breaks down, it will further test the 1830 area support.

Currently, both large and small cycles are synchronously turning weak, so do not rush to blindly bottom-fish; in a weak market, rebounds are opportunities to short. To go long, one must wait for the support to stabilize and for the indicators to show clear reversal signals.The above is merely a technical sharing of the market and does not constitute any investment advice.Follow Mr. Coin for real-time market analysis.

7.25 Ethereum Short-term Reference:

Move south above 1930, defending 1980, target below 1900,

Move north below 1830, stop loss of 50 points, target above 1900,

There is a delay in sending, and the strategy suggestions are for reference only. The market is ever-changing, and regardless of your understanding and judgment of the market, always carry out your take profit and stop loss to secure gains.

 For more daily real-time trading strategies, online technical learning, and ways to exit positions, you can follow the tutor's public account (Mr. Coin Talks Coins) for ways to add: the top ten each day can receive free strategies for exiting positions,

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。