Key support at 2520 for ETH daily chart is critical: If it holds, it may rally to 2680; if it fails, it could trigger a trend breakdown.
ETH has been reassessing trend lines and trend channels on a smaller scale, with multiple touches on the trend line leading to rebounds. The overall movement feels orderly, neither strong nor weak, indicating no standalone market has emerged!
In terms of movement:
Pay attention to the position of the lower trend line. If it breaks, a downward trend may occur. Currently, it is on an upward trend line. For the lower trend line, watch the range of 2520-2530, which happens to align with the previous smaller scale fluctuation zone high, now turning into a support level. On the upper side, you can focus on the pressure around 2620, with the key level to watch being 2680. Of course, the overall market still follows Bitcoin more closely!
"Keep following for the latest market strategies, with daily market analysis updated on time!"
ETH Analysis: July 7, 2025 Daily Chart
