7.25 Evening ETH Quick Review
In the evening, ETH surged and briefly touched the upper Bollinger Band at the 1871.98 resistance level, after which upward momentum weakened. The KDJ has moved into the high-range zone, and MACD bullish momentum is gradually fading. This rally appears to be a short-term rebound for correction and repair. Overhead selling pressure is gradually becoming evident, and there is a relatively higher chance that price will face downward pressure and pull back later this evening. If the rebound reaches the resistance area, it can be used to set up short positions accordingly to bet on a pullback.
Trading Recommendation
Short from 1880-1900
Target range 1760-1740$BTC $ETH #比特币守稳6.54万美元科技七雄市值缩水7970亿美元
In the evening, ETH surged and briefly touched the upper Bollinger Band at the 1871.98 resistance level, after which upward momentum weakened. The KDJ has moved into the high-range zone, and MACD bullish momentum is gradually fading. This rally appears to be a short-term rebound for correction and repair. Overhead selling pressure is gradually becoming evident, and there is a relatively higher chance that price will face downward pressure and pull back later this evening. If the rebound reaches the resistance area, it can be used to set up short positions accordingly to bet on a pullback.
Trading Recommendation
Short from 1880-1900
Target range 1760-1740$BTC $ETH #比特币守稳6.54万美元科技七雄市值缩水7970亿美元