The姨太 (pair) followed the broader market in tandem yesterday. During the session, price surged to test the area near 1927, then faced rejection and pulled back. On a daily timeframe, the price is trading above the middle band of the Bollinger Bands, and overall remains in a range-bound upward repair/recouping pattern. In the short term, the 1940–1950 zone forms strong resistance. The 1830–1850 area below is a key support region. Switching to the 4-hour timeframe: after a quick surge, bullish momentum has been somewhat released, suggesting a need for a muted/“dampened” pullback. After price pushed higher, there were signs of stalled price action; in the near term, there is a demand for a corrective pullback to digest gains. The 1-hour timeframe is even more obvious: after topping at 1927, sell pressure gradually emerged, indicators began turning downward, and the market shifted from a strong rally into high-range consolidation.
Overall trend tracks BTC closely— the bigger picture hasn’t fully weakened, but at these higher levels it is not suitable to blindly chase long positions.
For姨太, look to go short in the 1920–1950 area, targeting 1850–1780#美ADP7月私营就业逊预期 $ETH below.