7.19 Analysis of the Second Pie Market

Recently, the second pie has been consistently climbing to new highs, breaking through the 3600 resistance during the day and reaching around 3673 before facing a pullback, with bullish sentiment slightly easing.

The current coin price is hovering around 3600: if it stabilizes above 3600, it is expected to continue to create new highs and challenge 3700; if it fails to stabilize, it may pull back to test support, requiring attention to changes in the trend.

Long positions can be entered in the range of 3520—3550, with a target of 3700 and a stop loss of 30 points, while a breakout could see 4000.

Short positions can be entered in the range of 3750—3780, with a target of 3500 and a stop loss of 30 points.#ETH $ETH