7.15 Early Morning Ethereum Outlook

From a short-term perspective, the ETH hourly chart is still in an adjustment structure, but the overall trend has not yet turned bearish. The current pullback is approaching the 2900-2950 support zone, which is a previously dense trading area and has a certain expectation for stabilization.

If it stops falling and stabilizes in this range, it is likely to once again challenge the 3050-3100 resistance level. In the short term, the focus remains on "buying the dip" as the primary strategy.

Operation Suggestion: Enter long in the 2950-2920 range, targeting the 3050-3100 area. It is not advisable to chase after the rise; it is more prudent to patiently wait for lower-level opportunities.

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