7.5 Saturday Ethereum Strategy

After the fluctuations, it enters a consolidation phase for recovery. Over the weekend, we expect range oscillation, looking to buy on dips. After an overnight surge and pullback, bullish momentum is converging, but the support at 2474 remains effective, and the pattern has not weakened.

On the 1-hour chart, there is a rebound after testing the lower boundary, facing pressure from the middle boundary, with indicators showing signs of stabilization. Strategy: Stabilize on pullbacks to go long, avoid chasing one-sided trends!

Trading Recommendations:

Stabilize at 2500 - 2480 to enter long positions, target 2550 - 2580, with a stop at 2470.

The support below is resilient, and the oscillation is building strength, using pullbacks to position for a breakout!