7.20 Crypto World Coin Mr.: Ethereum (ETH) Market Analysis Reference

Ethereum continues to show upward momentum, but the price has not yet broken through the 3700 level. Yesterday's article reminded that if it doesn't break through, it's not advisable to blindly chase long positions. A pullback is also expected afterwards, with the intraday low touching around 3477 before rebounding. Currently, the price is operating in the vicinity of 3585. The bulls still hold the advantage intraday, and if the price breaks and stabilizes at the 3600 level, the upward trend is likely to continue further. Conversely, a short-term consolidation is expected, with the short-term resistance focused on the 3640 level.
Although Ethereum experienced a pullback of over a hundred points during the day, the subsequent recovery strength is relatively strong, and the overall market trend is also upward. Therefore, it is recommended to primarily focus on long positions in operations, with short-term support to watch in the 3480-3500 range.
7.20 Ethereum short-term reference:
Testing short position: 3640-3680, stop loss 30, target 30-60 points,
Test the position at 3480-3545, stop loss 30 points, target above 3470,
There is a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how accurate your market judgment is, you must manage your take profit and stop loss well. It's best to secure profits. #GT 2025第二季度销毁# #BTC再创新高# #ETH# #BTC#