#ETH突破3600 #ETH突破3600 7.19 Weekend Market Overview: ETH Box Range Fluctuation Creates Trading Opportunities

After three days of volatility, ETH is now starting to stabilize, forming multiple tops around 3674 while also showing fluctuations within the 3477-3674 box range. This provides opportunities for high selling and low buying trades.

3550, 3631, and the previous high of 3674 are all resistance levels, while 3477 is a support-resistance switch, and 3425 is support; there are many trading opportunities within this range. One can chase long positions on the right side after breaking 3550, or wait for a false breakout and short when it drops back in line with the trend; for low long positions, one can set up near 3477, defending at 3425, with targets at the resonance points of 3550 and 3598; high short positions can be set up near 3631, with additional positions at 3674, defending at 3700, targeting the resonance points of 3552 and 3500.

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